About This Home
This 0-bedroom, 0-bathroom multi-family at 1701 Avocet Avenue in McAllen, TX is listed for $5,640,000 ($83 per sqft). Built in 1982, the home offers 68,024 sqft of living space on a 2.98 acres lot.
Key Features
- Built in 1982
- 2.98 acre lot
- 2 stories
- 94 parking spaces
Property Details
Amenities
Excellent investment opportunity! Parklane Apartments is a 94-unit complex spanning 9 buildings near Bicentennial Blvd and Dove Ave in North McAllen. Unit mix includes 34 one-bed/one-bath units (each with a private patio) and 60 two-bed/one-bath units, all conveying with a stove and refrigerator.
Built in 1982, the property features on-site laundry, a swimming pool, tennis court, and basketball court, and is professionally managed with an established tenant screening process. This location is a proven value-renter magnet! Adjacent to Bill Schupp Park, minutes from Doctors Hospital at Renaissance, and close to South Texas College and UT Rio Grande Valley.
Easy access to I-2 and I-69C, plus proximity to La Plaza Mall and Downtown's 17th Street entertainment district, adds tenant appeal. Located within McAllen ISD. A solid, stable asset in one of South Texas's strongest markets. Don't miss this opportunity!
Monthly Cost Estimate
$30,164/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1701 Avocet Avenue
McAllen, TX 78504
Parklane
Features & Amenities
Exterior Features
Property Details
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 1701 Avocet Avenue is listed at $5,640,000 ($83/sqft). The estimated monthly payment is $30,164 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1982, 2.98 acre lot, 2 stories, 94 parking spaces. Exterior Features: Mature Trees.
This property is listed by Esmeralda Rubi Torres and can be reached at 3106993166.