$2,400,000
bedrooms
0
bathrooms
0
square feet
24,000
Acreage
1.39
Open Houses
-
year built
2017
Full Baths
0
Half Baths
0
Rare opportunity to own a high-income producing 20-unit property located directly on Tower Rd, a main thoroughfare just seconds from Expressway 83. This multifamily asset features exceptional quality construction, modern finishes, ample parking, and strong tenant retention. Currently delivering an 8% cap rate with upside potential to increase income even further. Situated in a highly visible and accessible location near commercial centers, this investment offers long-term growth and stability. Don't miss your chance to own one of the best-built properties in the area! All units are FULLY rented. This property also features a large office, perfect to convert into another rental space or to conduct business out of there.
Location | |
Subdivision | Shea Estates |
County | Hidalgo |
Elementary School | Santos Livas |
Middle School | Vela |
High School | PSJA Memorial H.S. |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 467850
Listing agent:
Victor Fuentes
Listing broker:
Benavides International Group
(956) 465-0011
Copyright © 2025 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Thursday, May 1 2025 at 6:50 a.m. EDT
Kotohomes National