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901 W Park Avenue

Pharr, TX 78577
Square Ft.
10,952
$850,000
Welcome to 901 W Park Ave, a lucrative investment property offering 16 units in Pharr, Texas. Built in 1993, this very well maintained asset generates a net operating income of $89,250, boasting an impressive 10.5% cap rate (not including management expenses). Priced at $850,000, the owner is willing to sell… Read MoreRead Less
Courtesy of , Monarca Real Estate Group LLC.
Listing Snapshot
Days Online
553
Last Updated
Property Type
Apartment
Square Ft.
10,952
Lot Size
0.48 Acres
Year Built
1993
MLS Number
443427
Property Location Map
Additional Details
Property Access
Road surface type: "Paved"
Appliances & Equipment
"Electric Water Heater", "Dryer", "Refrigerator", "Stove/Range", "Washer"
Building
Built in 1993, Building area units: Square Feet, 16 total unit, Living area: 10,952, Construction materials: "Brick", Other structures: "Laundry Facility", 2 buildings, 2
Community
"Street Lights"
Cooling
"Central Air", "Electric"
Expenses
Insurance expense: $6,780, Maintenance expense: $2,000, Other expense: $4,836
Exterior Features
"Balcony"
Fence
"Barbed Wire", "Chain Link"
Floors
"Laminate", "Tile"
Heating
"Central", "Electric"
Income
Gross income: $118,680
Interior Features
"Ceiling Fan(s)", "Walk-In Closet(s)"
Laundry
"Laundry Area", "Laundry Closet", "Washer/Dryer Connection"
Lot
0.4821 acres, 21,000 square feet, "Corner Lot"
Parking
20 carport spaces, 20 covered spaces, 20 total parkings, "No Carport", "No Garage"
Roof
"Composition Shingle"
Security Features
"Smoke Detector(s)"
Sewer
"City Sewer"
Taxes
Tax annual amount: $15,814, Tax year: 2023
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Stephanie Norman
Broker
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Schools In The Area

Check out nearby schools with ratings and contact info.
Aida C. Escobar Elementary School 956-354-2920 Public PK-5
Kennedy Middle School 956-354-2650 Public 6-8
PSJA Southwest Early College High School 956-354-2480 Public 9-12
Aida C. Escobar Elementary School 956-354-2920 Public PK-5
Aida C. Escobar Elementary School 956-354-2920 Public PK-5
Kennedy Middle School 956-354-2650 Public 6-8
PSJA Southwest Early College High School 956-354-2480 Public 9-12

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