For Sale
$634,900

3716 Clavel StPalmview, TX 78572

Eight-unit apartment building, excellent investment.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 8-unit apartment complex, located at 3716 W Clavel Street W in Palmview, Texas, presents a lucrative investment opportunity. Built in 1999, this single-building property boasts a desirable location with quick access to Interstate 2, offering convenient access for residents. The asking price is $634,900. The property features a recently replaced roof (2021), ensuring long-term cost savings for the owner. Six of the eight units are equipped with washer and dryer connections, adding to their appeal and rental value. A significant advantage is that all tenants are responsible for their own water bills, minimizing operational expenses for the property owner. This well-maintained property in Hidalgo County, Texas (zip code 78572) offers a strong potential for rental income and appreciation. The property's coordinates are 26.2375527 latitude and -98.4103427 longitude. This turnkey investment is ready for a new owner to capitalize on its strong rental market and convenient location. The property is classified as a Multifamily, Apartment Building, Duplex/Triplex/Quadruplex.

Highlights

  • $634,900 asking price.
  • Eight-unit multifamily apartment building.
  • Located at 3716 W Clavel Street W, Palmview, TX 78572.
  • Built in 1999, single building.
  • Six units have washer/dryer connections.
  • All tenants pay their own water.

Property Details for 3716 Clavel St

Property type
Apartment buildings, Small apartment buildings
Year Built
1999
Buildings
1
Units
8

Location Insight

City
Palmview
County
Hidalgo
State
Texas
Latitude
26.2375527
Longitude
-98.4103427
3716 Clavel St, Palmview, Texas

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3716 Clavel St
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