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2428 Upas Ave
McAllen, TX 78501
Oak Ridge Apartments · Multifamily Property For Sale
·
16 Units
Investment Highlights
- Fully stabilized occupancy and trailing months operating history
- Walkable location in thriving McAllen economy
- Steady collections and leasing through Covid months
- Individually metered electric, RUBS in place for water/sewer
- Achieving $150 rent bumps on renovated units, continued rental upside
Property Facts
| No. Units | 16 | Building Size | 10,465 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1981/2019 |
| Building Class | B | Parking Ratio | 2.29/1,000 SF |
| Lot Size | 0.45 AC | ||
| Zoning | MF-33 | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.45 AC |
| Building Size | 10,465 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1981/2019 |
| Parking Ratio | 2.29/1,000 SF |
| Zoning | MF-33 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Storage Space
- Washer/Dryer
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Granite Countertops
- Hardwood Floors
- Vaulted Ceiling
- Refrigerator
- Oven
- Sprinkler System
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Yard
- Attic
- Built-In Bookshelves
- Dining Room
- Double Pane Windows
- Family Room
- Freezer
- Handrails
- Instant Hot Water
- Pantry
- Patio
- Porch
- Smoke Free
- Vinyl Flooring
- Wheelchair Accessible (Rooms)
Site Amenities
- Laundry Facilities
- Furnished Units Available
- Pet Play Area
- Storage Space
- Online Services
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | $633.00 | 625 |
| 2+1 | 6 | $733.50 | 715 |
| Studios | 1 | $577.50 | 550 |
Property Taxes
| Parcel Number | L3350-00-000-0015-00 | Improvements Assessment | $509,921 |
| Land Assessment | $180,079 | Total Assessment | $690,000 |
Property Taxes
Parcel Number
L3350-00-000-0015-00
Land Assessment
$180,079
Improvements Assessment
$509,921
Total Assessment
$690,000
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