120 4th St Mcallen, TX 78501-2704
- Motels
- 9,968 SF
- 0.62 lot acres
Dec 13, 2022
Current Use by Public Records
- Studios On Fourth / Hotel
Property Details for 120 4th St
- Year built
- 1985
- Lot size
- 0.62 lot acres
- Property size
- 9,968 SF
- Property type
- Motels
- APN
- W6300-03-000-0001-00
- APU
- W630003000000100
Description
This exceptional commercial land investment opportunity in McAllen, Texas, presents a rare chance to acquire a thriving property at 120 S 4th Street, 78501. The property boasts a substantial 27,036.82 square foot lot, featuring two Class B buildings constructed and renovated in 2024. The single-story structures house a total of 29 units, all professionally remodeled with high-quality finishes and fully furnished for immediate occupancy. Each unit includes smart TVs, comfortable beds, dining areas, kitchenettes, and in-unit washer/dryers, catering to a specific niche in the local rental market. The property's strategic location places it within walking distance of popular retail and restaurants, and near the high-traffic intersection of Business 83 and 2nd Street, ensuring strong visibility and accessibility. The property is zoned C, offering flexibility for future development or continued operation as a rental property. The asking price is $2,500,000. This turnkey investment promises a significant return on investment due to its prime location, modern amenities, and high occupancy potential. Don't miss this opportunity to acquire a well-established and profitable commercial property in a thriving Texas market.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mcallen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2235
- Latitude
- 26.2014
- CBSA code
- 32580
- CBSA name
- MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
