901 Palm Dr Pharr, TX 78577
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 901 Palm Dr
- Year built
- 2005
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a fully rented four-unit apartment building located at 901 S Palm Drive, Pharr, Texas, 78577. Built in 2005, this property boasts two buildings situated on a generous 8,170.114 square foot lot. Each of the four units offers two bedrooms and two bathrooms, complete with modern amenities including washer, dryer, refrigerator, and stove. Granite countertops add a touch of elegance to these well-appointed units. The property's prime location provides convenient access to major roadways like Expressway 83 and 281, ensuring easy commutes for residents. Furthermore, its proximity to a variety of restaurants, shops, and coffee shops enhances its appeal. The surrounding area also offers abundant employment opportunities, making this a highly desirable location for renters. The asking price for this turnkey investment is $389,000. This property represents a strong potential for consistent rental income and long-term appreciation. Don't miss this chance to acquire a well-maintained, high-demand multifamily property in a thriving Texas market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pharr
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.1995317
- Latitude
- 26.1887765