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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,974 sqft
Subdivision Las Codornices
MLS Listing ID 411126
Sold Date 08/25/23
HOA Y/N No
Originating Board Greater McAllen
Year Built 2004
Annual Tax Amount $7,400
Tax Year 2022
Lot Size 0.622 Acres
Acres 0.6224
Property Description
This six-unit apartment complex is situated on a spacious .62-acre lot off Tom Gill Road in Penitas, Texas. Its proximity to the new expressway makes it easily accessible for residents, offering convenience and connectivity to major transportation routes.The apartment complex boasts a remarkable rental history, making it an attractive investment opportunity. The consistent demand for rental units in the area ensures a steady income stream for potential investors. The apartment complex is strategically located near various amenities, enhancing the quality of life for its residents. Within close proximity, you'll find shopping centers, providing easy access to retail outlets, grocery stores, and dining options. Roof is 3 months old and 1 water heater and 1 AC unit have been replaced.
Location
State TX
County Hidalgo
Community Sidewalks, Street Lights
Rooms
Other Rooms Outbuilding (None)
Interior
Interior Features Ceiling Fan(s), Decorative/High Ceilings, Split Bedrooms
Heating Central
Cooling Central Air
Flooring Tile
Appliance Electric Water Heater, Water Heater (Other Location), Refrigerator, Stove/Range-Electric Coil
Laundry Laundry Closet, Washer/Dryer Connection
Exterior
Exterior Feature Mature Trees
Fence Chain Link
Community Features Sidewalks, Street Lights
Waterfront No
View Y/N No
Roof Type Metal
Garage No
Building
Lot Description Corner Lot, Mature Trees
Faces Going West on Expressway 83 in Penitas, take a right on Tom Gill. Head north. Pass Mile 3 road, take a right on Blue Jay Avenue. Property is the corner lot to the right.
Story 1
Foundation Slab
Sewer Septic Tank
Water Public
Structure Type Block
New Construction No
Schools
Elementary Schools Corina Pena
Middle Schools Dr. Javier Saenz
High Schools La Joya H.S.
Others
Tax ID L315800000003400
Security Features Smoke Detector(s)
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