101 N ALAMO ROAD, ALAMO, TX 78516
Homes for sale in Alamo.
Homes for sale in 78516.
101 N Alamo Road
Alamo, TX 78516
List Price$1,100,000
Listing #495198
7,567
Square Feet
Commercial
Type
About This Property
OWNER FINANCING AVAILABLE!! Calling all investors!! This mixed-use property consists of 4 apartments, 1 manufactured home, and 3 commercial spaces (currently being used as childcare facility, snack shop & beauty spa). Instantly generate revenue with roughly $7,400 in monthly gross rents from the leases that are in place! All units are currently leased and occupied, each having at least one designated parking space for tenants use. The on-site laundry facility provides a convenient amenity for tenants and an additional source of revenue for the owner, currently averaging roughly $400 of monthly income. All units are individually metered power. Refrigerator and stove convey in each apartment. Situated in a very easily accessible, high traffic area, corner of a major intersection for high visibility (Business 83 and Alamo Rd)
Property Features
Location Information
County
Hidalgo
Directions
From McAllen, head East on 83, exit Alamo Rd, South on Alamo Rd, property is on the right
Subdivision
Rio
Interior Features
Heating
Central, Other HVAC
Floors
Tile
Cooling
Central Air, Other HVAC
Appliances
Electric Water Heater
Exterior Features
Construction
Block, Other
Parking Spaces
16
Exterior
Storage
Lot Description
See Remarks
Roof
Clay Tile
Lot Size in Acres
0.471
Possession
Closing and Funding
Lot Size in Sq. Ft.
20,535
Water
Separate Water Meters
Present Use
Business Service, Daycare, Other, Retail
Electric
Separate Electric Meters
Building Total Area (Sq. Ft.)
3,143
Parking Description
Paved
Energy Features
None
Has Garage
Yes
Road Frontage
City Street
Garage Spaces
16
Additional Information
Property Type
COM
Units in Complex
4
Property SubType
Commercial
Taxes
9131
Year Built
1988
Tax Year
2021
APN
R285000000000001
Square Feet Source
HidalgoCAD
Status
Active
Mortgage Calculator
$5,135
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,963
Monthly Tax
$916
Monthly Insurance
$256
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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