Listed by Coldwell Banker Commercial Rio Grande Valley
$3,000,000
Colonial Square
Details
Property Type Multifamily, Office
Sub Type Apartment Building, Shopping Center
Square Footage 59,777
Units 38
Tenancy Multi
Brand/Tenant Dollar General
Lease Type NNN
Price per SqFt $50
Broker Co-Op Yes
Year Built 1956-1995
Buildings 7
Stories 2
Acreage 3.560
Zoning PD - Planned Development
Investment Type Value Add
Ground Lease No
Multifamily & Retail Opportunity in Harlingen
Marketing description
Colonial Square presents an investment opportunity with strong value-add potential. The property features 38 units of 1- and 2-bedrooms complemented by an on-site retail strip center. Positioned adjacent to a high-traffic retail corridor, it benefits from excellent visibility and convenient access to shopping, dining, and everyday amenities, making it highly attractive to tenants. With strategic upgrades and effective management, Colonial Square offers substantial upside in rental income and long-term asset appreciation.
Investment highlights
•Value Add Opportunity
•Income Growth Opportunity
•City Access & High Visibility
•Centrally Located in Harlingen
•Retail Component
•Diverse Unit Mix
Listing Contacts
Listed by Coldwell Banker Commercial Rio Grande Valley
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage Phone
Is there information that looks off?
