301 Rdg Ave Pharr, TX 78577
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 301 Rdg Ave
- Year built
- 2006
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a well-maintained four-unit apartment building located at 301 S Ridge Avenue, Pharr, Texas, 78577. The property, built in 2006, sits on a substantial 11,464.99 square foot lot and comprises two buildings. Each of the four units boasts two bedrooms and two bathrooms, providing comfortable living spaces for tenants. All units are currently occupied, generating immediate rental income for the new owner. The property's strong occupancy rate speaks to its desirability and potential for continued profitability. Each unit is equipped with essential appliances, including a refrigerator, stove, washer, and dryer, adding to its tenant appeal and minimizing maintenance concerns. This turnkey investment is ideal for those seeking a stable, income-producing asset in a growing market. The property's location in Pharr, Hidalgo County, offers convenient access to local amenities and transportation routes. This is a rare opportunity to acquire a well-maintained, fully occupied multifamily property with significant potential for long-term growth and return on investment. The asking price is $389,900.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pharr
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.1836216
- Latitude
- 26.1947962
