$650,000
For Sale

420 JR Avenue

Progreso, TX 78596
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Description

Calling all investors! New 8 apartment complex in growing town of Progresso, Tx. This complex features 8 two bed two bath units with a projected rent of $750 each and a projected Cap rate of almost 9%!!! Property includes tankless water heaters and foam insulation on the roof to make them energy efficient. Call today for your private showing before they are gone!

  • Interior Details
    • Interior Features
      • Interior:Ceiling Fan, Walk-In Closet(s)
  • Property Details
    • Property
      • Exterior materials:Other
    • Measurements
      • Acres:0.4877
      • Square Feet:7040
  • Construction Details
    • Type & Style
      • Property type:Investment
    • Condition
      • Year built:2022
    • Material information
      • Foundation:Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:City Sewer
      • Utility features:Cable Available
  • Community and Neighborhood Details
    • Location
      • Elementary School:Progreso
      • Middle School:Dorothy Thomas
      • High School:Progreso H.S.
      • County:Hidalgo
    • Community
      • Subdivision:La Reyna
  • Financial Details
    • Pricing Details
      • Original List Price:$650, 000
  • Other
    • Source
      • MLS #:381547

Location

Ricky AllenReal Estate Group
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  • Schedule Showing

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