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1201 East Iris Avenue

McAllen TX 78501

8
6639 sq. ft.
17860.04 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Excellent investment opportunity in McAllen's newest multifamily subdivision, Park Terrace! This modern 6-unit apartment complex is ideally located at the corner of Nolana Avenue and Jackson Road, offering exceptional access to the area's top employers, shopping, and dining. Just 4 minutes from Doctors Hospital at Renaissance, 4 minutes from Expressway 281, and minutes from major retail and entertainment destinations, this property is perfectly positioned for strong rental demand. The property features an ideal unit mix of (3) 3-bedroom, 2-bath units and (3) 2-bedroom, 2-bath units. Each unit includes a refrigerator, stove, and microwave, providing added convenience for tenants. Built just 2 years ago, this newer construction offers modern finishes, low maintenance, and an excellent opportunity for investors seeking a quality, income-producing asset in one of McAllen's fastest-growing areas.

Features

8 carspaces
8 carport spaces
6639 sq. ft. floor area
17860.04 sq. ft. lot size
Multi-Family

Happy sellers in McAllen

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Local market activity for multi families in McAllen

In the last 12 months, 2 multi families similar to 1201 East Iris Avenue, have been sold.

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