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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6,791 SqFt
Active

101 N Alamo RD Alamo, TX 78516

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Alex Garcia

Alex Garcia

+1(210) 540-5365

UPDATED:

10/21/2024 05:16 PM

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,791 sqft

Subdivision Rio

MLS Listing ID 400607

HOA Y/N No

Originating Board Greater McAllen

Year Built 1988

Annual Tax Amount $9,131

Tax Year 2021

Lot Size 0.471 Acres

Acres 0.4714

Property Description

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

Carport Spaces 2

Waterfront No

View Y/N No

Roof Type Clay Tile

Total Parking Spaces 18

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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Alex Garcia

Agent | License ID: 749211

+1(210) 540-5365

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101 N Alamo RD