Abolengo Properties LLC
Listed by Abolengo Properties LLC
$495,000
118 Brazil Avenue
Details
APN P450000015000900
Property Type Multifamily
Sub Type Apartment Building, Apartment/Condo
Square Footage 5,600
Units 6
Year Built 2007
Buildings 1
Acreage 0.280
Multifamily | 6 Units
Marketing description
Well-maintained two-story, 6-unit apartment complex located in Hidalgo, Texas, just minutes from International Boulevard, the expressway, shopping, dining, and the McAllen/Hidalgo International Bridge. The property consists of six 2-bedroom, 1-bath units, all in great condition, with several apartments updated over time and multiple HVAC systems recently replaced, helping reduce near-term capital expenses. Units feature tile flooring, washer/dryer connections, and appliances included. The property is individually metered for electric and water (6 electric meters and 6 water meters), serviced by city sewer and public water, and situated on a paved street within an established residential area with sidewalks. Rents currently vary and offer clear potential for optimization over time, making this an attractive opportunity for investors seeking stable income with built-in upside in a strong rental market.
Listing Contacts
Abolengo Properties LLC
Listed by Abolengo Properties LLC
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