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1501 Sam Houston St
Harlingen, TX 78550
Willow Ridge · Residential Property For Sale · 124 Units
PROPERTY FACTS
| No. Units | 124 | Lot Size | 4.04 AC |
| Property Type | Residential | Building Size | 122,501 SF |
| Property Subtype | Apartment | Average Occupancy | 96% |
| Apartment Style | Garden | Number of Floors | 3 |
| Building Class | B | Year Built | 1982 |
| No. Units | 124 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 4.04 AC |
| Building Size | 122,501 SF |
| Average Occupancy | 96% |
| Number of Floors | 3 |
| Year Built | 1982 |
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Heating
- Granite Countertops
- Wooden Floors
- Refrigerator
- Oven
- Tub/Shower
- Garden
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Pool
- Property Manager on Site
- Grill
- Maintenance on site
About 1501 Sam Houston St , Harlingen, TX 78550
Holliday Fenoglio Fowler, L.P. acting by and through Holliday GP Corp. a Texas licensed real estate broker (“HFF”) has been exclusively retained to offer an opportunity for qualified investors to purchase the fee simple interest in Palm Terrace (the “Property”), a unique value-add opportunity located in Harlingen, Texas. Positioned along Sam Houston Drive, the 124-unit community is located just steps from the Harlingen medical district and is in close proximately to several major thoroughfares. This strategic location provides residents with convenient access to numerous surrounding retail and employment centers. Additionally, Palm Terrace presents a unique opportunity to acquire a well-maintained asset with stabilized operations and strong cash flow.
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 33 | - | 752 |
| 1+2 | 19 | - | 1,015 |
| 2+2 | 72 | - | 864 - 1,216 |
PROPERTY TAXES
| Parcel Number | 245750-0000-004000 | Improvements Assessment | £3,453,872 |
| Land Assessment | £141,048 | Total Assessment | £3,594,920 |
PROPERTY TAXES
zoning
| Zoning Code | Commercial |
| Commercial |
