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Listing 4 out of 181
$2,500,000 For Sale

700a W Us Highway 83
San Juan, TX 78589

1 unit | Multi Family Home
4.22 acres - MLS# 315029
Property Photo
1/9

Description

49 separate mobile homes make up 57 rentals. Based on current calculated expenses and sustained income, this property is showing a capitalization rate of 8.3%.

Features

  • Property Type: Multi Family Home
  • Sub Type: Other Multi-Unit
  • Listing Status: Active
  • County/Area: Hidalgo County
  • Zip Code: 78589
  • Year Built: 1995
  • Subdivision/Neighborhood: Woods, M L #6
  • School District: Psja Isd
  • Elementary School: Sorenson
  • Middle School: Austin
  • High School: Psja H.s.
  • Sq.Ft.: 1,064 sq ft
  • Stories: 1 Story
  • Units: 1 unit
  • Garage: No Carport
  • Lot Size: 4.22 acres
  • Directions: From Veterans Rd, Go East On Business 83 To The First Turn In To The Left (North), About 0.1 Miles.
  • Exterior Features: Motorized Gate
  • Fence Type: Chain Link
  • Garage Carport: No Carport
  • Gross Operating Income: 338280
  • Location Features: Irregular Lot, Mature Trees
  • Lot Sq Ft: 183823
  • Maintenance Expense: 12386
  • Number Of Buildings: 49
  • Other Expenses: 86968
  • Price Per SqFt: 2349.62
  • Property Insurance: 5654
  • RATIO Current Price By Acres: 592417.06
  • RATIO List Price By Original Lis: 1.00000
  • Taxes WO Exemption: 9036
  • Units Total: 55
  • Water Sewer: City Sewer, Public Water
Courtesy of Jinks Realty, Lee Jinks - Broker

Nick Cantu
Jinks Realty

502 West University Dr
Edinburg, TX 78539
Phone: 956-280-0405
Email: nick@jinksrealty.com

Testimonials

Thanks for all your help in making our "dream home" a reality. We really appreciated that you went the extra mile to get us the best price for our home. You are truly a professional. John and Rhonda Robinson
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