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New Multifamily Property on Loop

625 Loop 499 Harlingen, TX 78550

625 Loop 499, Harlingen, TX, 78550
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For Sale
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New 8-unit multifamily property on a large corner lot.

Days on Market979

Property Features for 625 Loop 499

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
2022
Listing Agency THE MBTEAM
Listed by Monica Benavides
Source Crexi
Added: Nov 11, 2023 Checked: Jul 16 at 6:19 am

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 MBTEAM


Investment Insights

Based on property information with market context.

This new construction multifamily property features eight units and is situated on a large corner lot. Each unit includes one bedroom and one bathroom. The property is located on Loop 499, offering proximity to Valley International Airport and TSTC. Seven of the eight units are currently leased. Each unit is equipped with a tankless water heater and washer and dryer hookups. The property has one water meter and individual electric meters. The property has potential for additional multi-family buildings and a commercial plaza.

Key Highlights

  • Potential for additional multi‑family buildings and a commercial plaza.
  • New construction (2022) 8‑unit multi‑family property.
  • 7 of 8 units currently leased.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Krystal's Korner Apartment Complex

Suggested Use

Law Firm Real Estate Agency Dental Office Nail Salon Auto Repair Shop Pharmacy HVAC Service Big Box & Wholesale Store Building Supply Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - New 8-unit multifamily property on a large corner lot.
Where is this apartment building located?
The property is located at 625 Loop 499 Harlingen, TX.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: Potential for additional multi‑family buildings and a commercial plaza.; New construction (2022) 8‑unit multi‑family property.; 7 of 8 units currently leased.
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