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Executive Summary
Nestled in the heart of Pharr, TX, this fully leased 27-unit apartment complex offers an outstanding investment opportunity. Residents enjoy convenient access to dining, shopping, entertainment all just minutes away. With easy access to expressway and major thoroughfares like Jackson Rd and Business 83, commuting is quick and convenient. The property features 26 units with 2 bedrooms and 1 bath, plus 1 unit with 1 bedroom and 1 bath. A valuable addition to any portfolio, offering reliable rental income and a prime location!
Property Facts
| Price | $3,058,050 CAD | Building Class | C |
| Price Per Unit | $113,261 CAD | Lot Size | 0.89 AC |
| Sale Type | Investment | Building Size | 20,430 SF |
| No. Units | 27 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1994 |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Zoning | R3 | ||
| Price | $3,058,050 CAD |
| Price Per Unit | $113,261 CAD |
| Sale Type | Investment |
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.89 AC |
| Building Size | 20,430 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1994 |
| Opportunity Zone |
Yes |
| Zoning | R3 |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Double Pane Windows
Site Amenities
- 24 Hour Access
- Trash Pickup - Curbside
- Walking/Biking Trails
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 26 | - | - |
| 1+1 | 1 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | P0800-00-003-0008-00 | Improvements Assessment | $1,850,444 CAD |
| Land Assessment | $153,819 CAD | Total Assessment | $2,004,263 CAD |
Property Taxes
Parcel Number
P0800-00-003-0008-00
Land Assessment
$153,819 CAD
Improvements Assessment
$1,850,444 CAD
Total Assessment
$2,004,263 CAD
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1000 W Caffery Ave
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