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26788869
26788886

506 S Closner Blvd, Edinburg, TX 78539

Signature Properties
Signature Properties
Listed by Signature Properties
$825,000
274 days on market
Updated 3 days ago

Alhambra Plaza Portfolio

Details
APN Multiple
Property Type Office
Sub Type Medical Office, Traditional Office
Square Footage 6,000
Net Rentable (SqFt) 6,000
Units 3
Cap Rate 4.23%
NOI $34,890
Occupancy 100%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 4.23%
Pro-Forma NOI $34,890
Price per SqFt $138
Broker Co-Op Yes
Class A
Year Built 2002
Year Renovated Multiple
Buildings 1
Stories 2
Zoning Commercial
Parking Spaces 135 spaces
Parking Per SqFt 22.50
Investment Type Net Lease
Tenant Credit No Credit Rating
Occupancy Date 07/10/2010
Ownership Ariasi Properites, LP
Sale Condition For sale by owner

Office | 4.23% CAP | 6,000 SqFt

Marketing description


This portfolio is available all or part. All units have been upgraded a number of times and have a fantastic location near the brand-new Hidalgo County courthouse. Full APOD is available upon request. Maintenance and insurance are running $11.000/yr rounded.

Investment highlights

  1. Solid units with room for rent improvement.

  2. Aggressive PPF list price.

  3. Key location

  4. Ample parking

  5. Corner building

  6. Upstairs and downstairs units

Listing Contacts

Signature Properties
Signature Properties
Listed by Signature Properties

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$34,890.00
$2,907.50/mo

Valuation Metrics

0
DSCR
4.23%
Cap Rate
4.23%
ROI

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