Courtyard on Grimes – 16 Units

Pending

Convenient Harlingen location close to Loop 499 and easy access to Airport. Quaint community consists of  16 units (four 4-plexes).  All units are downstairs, 2 bedroom/1 bath units and feature and feature carpet/tile and nicely equipped kitchens.  Gross income is $9,600 per month, yielding an approximate 9.5% cap rate after expenses.  Each unit is approx. 720 square feet.

Price:$775,000
Address:2217 E. Grimes
City:Harlingen
State:Tx
ZIP:78550
Year Built:1994
Floors:Carpet/tile
Tagged Features