$1,100,000

101 N Alamo Road, Alamo, TX 78516

  • 7,567 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1988
  • Property Lot Size Icon0.47acre lot
  • Property Parking Icon 16 car garage
  • Property Price Per Square Feet Icon $145/sqft
  • Property List Date Icon Listed 11 months ago

Property Description

OWNER FINANCING AVAILABLE!! Calling all investors!! This mixed-use property consists of 4 apartments, 1 manufactured home, and 3 commercial spaces (currently being used as childcare facility, snack shop & beauty spa). Instantly generate revenue with roughly $7,400 in monthly gross rents from the leases that are in place! All units are currently leased and occupied, each having at least one designated parking space for tenants use. The on-site laundry facility provides a convenient amenity for tenants and an additional source of revenue for the owner, currently averaging roughly $400 of monthly income. All units are individually metered power. Refrigerator and stove convey in each apartment. Situated in a very easily accessible, high traffic area, corner of a major intersection for high visibility (Business 83 and Alamo Rd)

Listing Status:
Active
Listing Office:
Pinnacle Realty Advisors : 972-591-3988
Listing Agent:
Sylvia (Astrid) Munoz : 956-784-9302
MLS ID:
457987
  • Appliances: Electric Water Heater
  • Flooring: Tile
  • A/C: Central AirOther HVAC
  • Heating: CentralOther HVAC
  • Eco/Green Feature: None
  • General: Storage
  • Parking: Paved
  • Roofing: Clay Tile
  • General: BlockOther2
  • Road/Access: City Street
  • Originating MLS: Greater McAllen
  • County: Hidalgo
  • Zoning: R285000000000001
  • Current Use: Business ServiceDaycareOtherRetail
  • Utilities: Separate Electric Meters
  • Water: Separate Water Meters
  • Source: Greater McAllen

This listing courtesy of Sylvia (Astrid) Munoz, Pinnacle Realty Advisors

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

Z

Zeferino Farias Elementary School

1100 W Acacia Ave, Alamo, TX, 78516

Grades PK-5

0.15 miles away

J

Jesus ''Jesse'' Vela Jr. Middle School

1819 W US Highway 83, Alamo, TX, 78516

Grades 6-8

0.63 miles away

P

PSJA Memorial Early College High School

800 S Alamo Rd, Alamo, TX, 78516

Grades 9-12

0.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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