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3601 N Bicentennial Blvd
McAllen, TX 78501
Vintage Square Apartments · Multifamily Property For Sale
·
108 Units
PROPERTY FACTS
| No. Units | 108 | Lot Size | 4.18 AC |
| Property Type | Multifamily | Building Size | 133,986 SF |
| Property Subtype | Apartment | Average Occupancy | 86% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | B | Year Built | 1982 |
| Zoning | RS | ||
| No. Units | 108 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 4.18 AC |
| Building Size | 133,986 SF |
| Average Occupancy | 86% |
| No. Stories | 2 |
| Year Built | 1982 |
| Zoning | RS |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Washer/Dryer
- Heating
- Refrigerator
- Oven
- Walk-In Closets
- Yard
- Garden
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Courtyard
- Picnic Area
- Pool
- Property Manager on Site
- Spa
- Gated
ABOUT 3601 N BICENTENNIAL BLVD , MCALLEN, TX 78501
Holliday Fenoglio Fowler, L.P. acting by and through Holliday GP Corp. a Texas licensed real estate broker (“HFF”) has been exclusively retained to offer an opportunity for qualified investors to purchase the fee simple interest in Vintage Square (the “Property”), a 108-unit community built in 1982, located in McAllen, TX. The Property benefits from excellent visibility on N. Bicentennial Boulevard as well as direct access to the 2.33 mile Bicentennial Boulevard Hiking & Biking Trail. Additionally, residents of the Property have easy access to McAllen’s major employment and entertainment centers including: South Texas College (34,000 students & 2,700 faculty), Rio Grande Regional Hospital (500 employees), University of Texas - Rio Grande Valley (27,000 students & 12,580 employees), La Plaza Mall (1.2MM SF retail) and Palms Crossing (500,000 SF retail). Current Ownership has upgraded 13 units, and is achieving up to $65 premiums. New Ownership is granted the opportunity to upgrade the remaining 95 units which would result in an additional $84,000+ in annual revenue.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 44 | $657.00 | 1,072 |
| 2+2 | 30 | $870.00 | 1,092 - 1,817 |
| 3+2 | 34 | $916.00 | 1,287 - 1,817 |
