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26677439
26677440

3409 N McColl Rd, McAllen, TX 78504 For Sale

ZH
TX TX 589746, TX #589746
Colliers - Houston, Texas
PG
TX TX 734280
Colliers - Houston, Texas
KG
TX TX 647525
Colliers - Houston, Texas
Listed by Colliers - Houston, Texas
Unpriced
327 days on market
Updated 34 days ago

The Rio Grande Trio

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 130,106
Units 162
Year Built 1989
Acreage 5.990
Investment Type Value Add

Multifamily | 162 Units

Marketing description

Colliers is pleased to present the opportunity to acquire The Rio Grande Trio, a value-add portfolio consisting of 162 total units across three multifamily assets strategically located in the center of one of the fastest growing cities in South Texas.

The portfolio includes Darwin on Ware (42 units), Plaza Royale (88 units), and Sonterra on McColl (32 units). Each property is poised for value-enhancement programs to unlock significant value through targeted renovations and operational enhancements. They may be acquired separately or as a portfolio.

Ideally located near major employment centers, top-rated schools, and a variety of retail and lifestyle amenities, the properties are set to benefit from McAllen’s sustained economic and demographic momentum.

Investment highlights

Investment Highlights

Located in the center of one of the fastest growing cities in South Texas — population growth of ≈4.9% from 2020 to 2025

Strong market fundamentals support long-term growth — McAllen continues to show resilience with favorable demographics, strong job creation and limited new construction

Value-add potential to modernize units to align with comparable offerings in the surrounding McAllen submarket

Listing Contacts

ZH
TX TX 589746, TX #589746
Colliers - Houston, Texas
PG
TX TX 734280
Colliers - Houston, Texas
KG
TX TX 647525
Colliers - Houston, Texas
Listed by Colliers - Houston, Texas

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Additional Information

Name
Zar Haro
License
TX 589746
Brokerage
Colliers
Brokerage Phone
2105280680
Title
Executive Vice President
Name
Phillip Grafe
License
TX 734280
Name
Kevin Garza
License
TX 647525
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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