List Price:
$1,075,000
MLS Number:
400607
Property Type:
Commercial Sale
Property Sub Type:
Commercial
Address:
101 N Alamo Road, Alamo TX 78516
Street Name:
Alamo
Subdivision:
Rio
City:
Alamo
County:
Hidalgo
Accessibility Features:
Annual Amt SqFt:
Appliances:
Electric Water Heater
Association Fee:
Association Fee Frequency:
Association YN:
No
Availability:
Availability Date:
Base Rent Amount:
Building Area Total:
6791
Building Area Units:
Square Feet
Building Features:
Carport Spaces:
2
Carport YN:
Yes
Construction Materials:
Block, Other
Cooling:
Central Air, Other HVAC
Cooling YN:
Yes
Covered Spaces:
18
Directions:
From McAllen, head East on 83, exit Alamo Rd, South on Alamo Rd, property is on the right
Door Features:
Electric:
Separate Electric Meters
Electric On Property YN:
Existing Lease Type:
Exterior Features:
Storage
Flooring:
Tile
Foundation Details:
Frontage Type:
Garage Spaces:
16
Garage YN:
Yes
Green Energy Efficient:
None
Grounds:
None
Heating:
Central, Other HVAC
Heating YN:
Yes
Horse Amenities:
Insurance Expense:
Interior Features:
Landlord:
Lease Amount Period:
12
Lease Expiration:
Lease Period:
Lease Term:
Approximate SqFt:
6791
Lot Features:
See Remarks
Lot Size Acres:
0.4714
Lot Size Area:
20534.184
Lot Size SqFt :
20534.184
Number Of Units In Community:
4
Open Parking YN:
Other Bldg SqFt:
6241
Other Equipment:
Other Expense:
Other Structures:
Own Lot YN:
Parking Features:
Paved
Parking Total:
18
Patio And Porch Features:
Pool Features:
Postal Code:
78516
Public Remarks:
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)
Repairs YN:
Retail SqFt:
650
Road Frontage Type:
City Street
Road Surface Type:
Roof:
Clay Tile
Room Office Area:
0
Security Features:
Security Deposit:
Sewer:
Spa Features:
Special Listing Conditions:
Status:
Active
Street Dir Prefix:
N
Street Dir Suffix:
Street Number:
101
Street Suffix:
Road
Tax Annual Amount:
$9,131
Tax Year:
2021
Unit Number:
Unit SqFt:
Utilities:
Virtual Tour URL Branded:
Virtual Tour URL Unbranded:
Warehouse SqFt:
0
Water Comments:
Water Source:
Separate Water Meters
Waterfront Features:
Waterfront YN:
Window Features:
Year Built:
1988
Zoning:
Calculate Payment
Printable Version