McAllen, Texas
1701 Avocet Avenue
McAllen, TX 78504
$5,640,000
- Beds
- N/A
- Baths
- N/A
- Square feet
- 68,024
- Lot
- 2.98 acres
- Year built
- 1982
- Type
- Multi-family
- Status
- For Sale
- MLS #
- 510074
Mortgage estimate
$39,059/ month
20% down, 30 years, 6.5% rate. Includes estimated taxes and insurance.
Adjust the estimateEstimates only, not a loan offer. Actual taxes, insurance, financing and closing costs vary.
About this home
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. 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.
Features
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