TX > Alamo > Rio
Alamo, TX 78516,101 N Alamo RD
Alamo, TX 78516,101 N Alamo RD
Alamo, TX 78516,101 N Alamo RD
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Listed by Pinnacle Realty Advisors
$1,100,000
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7,567 SqFt
Active

101 N Alamo RD Alamo, TX 78516

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Franklin Torres

Franklin Torres

+1(210) 278-6698

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 7,567 sqft

Subdivision Rio

MLS Listing ID 457987

HOA Y/N No

Year Built 1988

Annual Tax Amount $9,131

Tax Year 2021

Lot Size 0.471 Acres

Acres 0.4714

Property Sub-Type Commercial

Source Greater McAllen

Property Description

OWNER FINANCING AVAILABLE!! Calling all investors!! This mixed-use property consists of 4 apartments, 1 manufactured home, and 3 commercial spaces (currently being used as childcare facility, snack shop & beauty spa). Instantly generate revenue with roughly $7,400 in monthly gross rents from the leases that are in place! All units are currently leased and occupied, each having at least one designated parking space for tenants use. The on-site laundry facility provides a convenient amenity for tenants and an additional source of revenue for the owner, currently averaging roughly $400 of monthly income. All units are individually metered power. Refrigerator and stove convey in each apartment. Situated in a very easily accessible, high traffic area, corner of a major intersection for high visibility (Business 83 and Alamo Rd)

Location

State TX

County Hidalgo

Interior

Heating Central, Other HVAC

Cooling Central Air, Other HVAC

Flooring Tile

Appliance Electric Water Heater

Exterior

Exterior Feature Storage

Garage Spaces 16.0

View Y/N No

Roof Type Clay Tile

Total Parking Spaces 16

Garage Yes

Building

Lot Description See Remarks

Faces From McAllen, head East on 83, exit Alamo Rd, South on Alamo Rd, property is on the right

Story 2

Water Separate Water Meters

Structure Type Block,Other

New Construction No

Others

Tax ID R285000000000001

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agent

Franklin Torres

Broker Associate | License ID: 718047

+1(210) 278-6698

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101 N Alamo RD

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