Listing ID: 347886
Price: $1,400,000
Status: Pending
Address: 2125 Kerria Avenue
City: McAllen
State: Texas
Postal Code: 78501
SqFt: 12,136
Acres: 0.482
County: Hidalgo
McAllen
TX
78501
Centrally located income producing 16 units apartment complex with excellent rental history. 1/1 apts rent between $650-$680/mos, 2/2 apts rent between $735-$800/mos. The fenced pool, grilling areas, laundry, office and storage areas are surround by two 2 apartment buildings consisting of 8 units each. All tile flooring. Front and rear gated entrances. Roof replaced in 2012. Other recent improvements: All new double pane windows and glass sliding doors, front doors, rain gutters, all electrical panels in units, all toilets, pool pump, resurfaced pool, 3 commercial coin operated washers/dryers, all ac units, new carport roof and refurbish exterior staircases. Walking distance to the Bicentennial walking trail, McAllen public Library, Farmers market, Spectrum Calling Center, medical and entertainment venues.

Primary Features

County: Hidalgo
Property Sub Type: Apartment Complex
Property Type: Residential Income
Subdivision: Valley Gardens
Year Built: 1980

Interior

Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Coil, Washer
Building Area Units: Square Feet
Cooling: yes
Cooling: Central Air, Electric
Flooring: Tile
Interior Features: Ceiling Fan(s)
Laundry Features: Laundry Room
Living Area Source: HidalgoCAD
Living Area Units: Square Feet
Other Equipment: Automated Lighting

External

Carport: yes
Carport Spaces: 24
Construction Materials: Brick, Frame/Wood, HardiPlank Type
Covered Spaces: 24
Electric Meters: 17
Exterior Features: Balcony, BBQ Pit/Grill, Gutters/Spouting, Manual Gate, Mature Trees, Rock Yard, Sprinkler System
Fencing: Decorative Metal, Masonry
Foundation Details: Slab
Garage: no
Lot Features: Curb & Gutters, Mature Trees, Sidewalks, Sprinkler System
Lot Size Area: 21000
Lot Size Square Feet: 21000
Lot Size Units: Square Feet
New Construction: no
Number Of Buildings: 2
Number Of Units In Community: 2
Number Of Units Total: 16
Other Structures: Laundry Facility, Office, Outbuilding (Other), Storage
Parking Features: Garage Faces Front, No Garage, Garage Faces Rear
Parking Total: 24
Patio And Porch Features: Deck/Balcony/Porch, Patio
Pool: 1
Pool Features: In Ground, Fenced, Outdoor Pool
Road Surface Type: Paved
Roof: Composition Shingle
Sewer: City Sewer
Utilities: Cable Available
Water Source: Public
Window Features: Energy Features (Double Pane Windows)

Location

Association: no
Building Area Total: 12136
City Region: McAllen
Community Features: Curbs, Gated, Sidewalks, Street Lights
Country: US
Directions: From Nolana south on 23 one block east on Kerria.
Elementary School: McAuliffe
Elementary School District: McAllen ISD
High School: McAllen H.S.
High School District: McAllen ISD
Middle Or Junior School: Cathey
Middle Or Junior School District: McAllen ISD

Additional

Escrow: 10000
Last Status: Option
Mls Status: Pending

Financial

Gross Income: 142380
Maintenance Expense: 8754
Possession: Closing and Funding
Property Insurance: 9265
Ratio List Price/Acre: 2904022.07
Ratio List Price/SqFt: 115.36
Ratio Price/Acres: 2904022.07
Ratio Price/SqFt: 115.36
Tax Annual Amount: 15589
Tax Year: 2021

Zoning Info


© 2022 Greater McAllen MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of GMAMLS. Real estate listings held by IDX Brokerage firms other than Wounded Warrior Realty, LLC are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. Information provided is deemed reliable but not guaranteed. Listing courtesy of Medina Metro Realty. Data last updated: Monday, January 24th, 2022 at 08:34:37 PM.

Contact - Listing ID 347886

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Daniel Garza

135 Paseo Del Prado Ave.
Edinburg, TX 78539
Phone: 9562455465

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DTM Realty LLC

(956) 245-5465

DanielRgvRealtor@gmail.com

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