About 221 Mile 1 ¼ N Drive
Excellent multifamily investment opportunity in Palmview, TX. This fully occupied income producing property features 20 units, each offering 2 bedrooms and 1 bathroom. Conveniently located near shopping, restaurants, schools, and major roadways, this property offers strong rental potential in a rapidly expanding area of the Rio Grande Valley. The property presents an excellent opportunity for investors seeking steady cash flow, long-term appreciation, and a well positioned multifamily asset. Don’t miss the chance to add this fully occupied investment property to your portfolio. Call today for additional information or to schedule a private showing.
Features of 221 Mile 1 ¼ N Drive
| MLS® # | 504212 |
|---|---|
| Price | $1,600,000 |
| Square Footage | 14,560 |
| Acres | 2.69 |
| Year Built | 1992 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 221 Mile 1 ¼ N Drive |
|---|---|
| Subdivision | Palm Acres Estate |
| City | Palmview |
| County | Hidalgo |
| State | TX |
| Zip Code | 78572 |
Amenities
| Parking Spaces | 20 |
|---|---|
| Parking | No Garage |
| Is Waterfront | No |
| Has Pool | No |
| Laundry Features | Laundry Area |
| Community Amenities | None |
Interior
| Interior Features | Ceiling Fan(s) |
|---|---|
| Appliances | Electric Water Heater, Electric Cooktop, Refrigerator |
| Heating | Electric |
| Cooling | Electric |
| Total # of Units | 20 |
| # of Buildings | 3 |
Exterior
| Exterior Features | None |
|---|---|
| Lot Description | Irregular Lot |
| Roof | Shingle |
| Construction | Stucco |
| Foundation | Slab |
School Information
| District | Mission ISD |
|---|---|
| Elementary | Reyna |
| Middle | Garcia |
| High | Palmview H.S. |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| HOA Association | No |
Listing Details
| Agent | Candice Clayton |
|---|---|
| Office | WINNERS CIRCLE |
| Contact Info | 956-888-0052 |