1601 Hyatt Ave Pharr, TX 78577
- Apartment buildings
- 1.42 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 1601 Hyatt Ave
- Year built
- 2023
- Lot size
- 1.42 lot acres
- Property type
- Apartment buildings
Description
This exceptional 18-unit apartment building, completed in 2023, presents a compelling investment opportunity in the thriving city of Pharr, Texas. Situated on a spacious 1.419-acre lot at 1601 Hyatt Avenue, this single-building complex boasts modern amenities and tasteful finishes throughout its units. The property's thoughtful design maximizes space and comfort for residents, contributing to high occupancy rates and strong rental income. Ample parking is available, and the complex features an expansive green area, enhancing its curb appeal and providing a desirable living environment. The strategic location within an established and growing community ensures consistent demand and a steady stream of rental income. The asking price for this income-generating asset is $2,499,000. This property is a turnkey investment, ideal for those seeking a stable and profitable addition to their portfolio. The property's recent construction (2023) minimizes immediate maintenance needs and ensures long-term value. Located in Hidalgo County, Texas, with a Pharr, TX 78577 zip code, this property offers excellent access to local amenities and transportation networks. The property's strong financial performance and desirable location make it a highly attractive investment prospect. This is a rare opportunity to acquire a newly built, high-quality multifamily property in a rapidly developing market.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pharr
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2067
- Latitude
- 26.1632
