608 N Bentsen Palm Drive
Property Description
Discover a prime investment opportunity in Palmview, TX! This 12-unit apartment complex is perfectly located on a generous 1.95-acre lot, less than 0.3 miles from Hwy 83, ensuring access to local amenities in Mission and McAllen, TX. Each apartment offers comfortable living spaces that promote high occupancy rates, making this property an excellent addition to your investment opportunity portfolio. The current setup features all residential units in the back, while the front portion is ripe for potential rezoning to commercial use. Imagine constructing a vibrant commercial plaza that caters to the community's needs while enjoying steady residential income. With ample space available for further development, this property presents an ideal chance for forward-thinking investors to tap into the growing demands to tap into the growing demands for mixed-use spaces in the area. Don't miss this fantastic opportunity to own a versatile piece of real estate in a thriving Texas market!
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $595,000 |
| No. of Units: | 12 |
| Year Built: | 1996 |
| Lot Size: | 9,276.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $49,583 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-GMARTX-491817
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