50-Unit Apartment
For Sale
Contact for pricing
2505 S Parkwood Dr, Harlingen, TX 78550
Residents have access to covered parking, alongside a mix of two- and three-bedroom layouts.
Property SizeContact for details
Days on Market10
Property Features for 2505 S Parkwood Dr
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
88%
Additional Details
Highway Access
Yes
Multifamily Units
50
Building Details
Year Built
1970
Listing Agency:
The Multifamily Group
Listed By:
David Tello · License #TX 816441
Source:
Crexi
Added: Sep 17
Changed: Sep 24
Last Checked: Sep 26 at 7:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Multifamily Group
Investment Insights
Based on property information with market context.
Built in 1970, this 50-unit apartment property averages 1,320 square feet per residence and includes two- and three-bedroom layouts. Occupancy is 88%. The property also has 38 classic apartments identified for interior renovation, one down unit, and a studio-format office that could be converted to an additional residence. Covered parking is already in place.
At 2505 S Parkwood Dr in Harlingen, the property has direct access to I-2 and I-69E. Harlingen serves as a regional center for retail, healthcare, education, transportation, and logistics. Valley International Airport and the Port of Harlingen are also in the area.
At 2505 S Parkwood Dr in Harlingen, the property has direct access to I-2 and I-69E. Harlingen serves as a regional center for retail, healthcare, education, transportation, and logistics. Valley International Airport and the Port of Harlingen are also in the area.
Key Highlights
- 50 apartments averaging 1,320 square feet each
- Two- and three‑bedroom floor plans
- Built in 1970; currently 88% occupied
Property Analytics
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Current Use
Lease Details
50
Residential units
88%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
731
Businesses Nearby
Explore this area
Business Placement
Demographics for 78550, TX
56,038
Population
22,347
Households
2.5
Avg Household Size
35
Median Age
22%
College-Educated
77%
High-School Grad
94.2 sq mi
ZIP Area
595
Density / Sq Mi
$51,524
Median Household Income
$32,065
Median Earnings
$863
Median Rent
$120,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Residents have access to covered parking, alongside a mix of two- and three-bedroom layouts.
Where is this apartment building located?
The property is located at 2505 S Parkwood Dr Harlingen, TX.
What are key features of this property?
This property features: 50 apartments averaging 1,320 square feet each; Two- and three‑bedroom floor plans; Built in 1970; currently 88% occupied
