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31371746
31371747

3001 Ashley Place, Pharr, TX 78577

RE/MAX Elite
Listed by RE/MAX Elite
$1,700,000
73 days on market
Updated 73 days ago

3001 Ashley Place

Details
APN 525046/799983
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 16,080
Units 14
Year Built 1996
Buildings 14
Acreage 0.749

Multifamily | 14 Units

Marketing description

Discover an exceptional income-producing property featuring 14 well-maintained units, each offering 2 bedrooms and 2 full bathrooms—a highly desirable layout for long-term tenant stability. This asset is currently generating consistent cash flow with average rents of $985, while select units are already achieving up to $1,075, presenting a clear opportunity for immediate rental upside and increased returns. Strategically located in a high-demand area, the property benefits from strong occupancy with only one vacancy, making it a turnkey investment for both seasoned and first-time investors. Investment Highlights: 14 spacious units | 2 Bed / 2 Bath each, Strong rental demand with low vacancy,Proven rental history with upside potential Ideal unit mix for tenant retention. Excellent location with continued growth Seller and listing agent are highly motivated—creating a rare opportunity to secure a stabilized asset with built-in equity and income growth potential
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RE/MAX Elite
Listed by RE/MAX Elite

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