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About This Home
This 0-bedroom, 0-bathroom multi-family at 2501 Hibiscus Avenue in McAllen, TX is listed for $3,200,000 ($118 per sqft). Built in 1994, the home offers 27,136 sqft of living space on a 1.75 acres lot.
Welcome to Paseo Del Sol apartment complex! Premier investment opportunity in the center of McAllen. This well-maintained 32-unit, two-story apartment community offers durable full-brick construction and paved covered parking encircling the property for added convenience and longevity.
Each residence features a desirable 2-bedroom, 1-bathroom layout, consistently attracting long-term tenants and supporting strong operational performance. Currently 97% occupied, the asset reflects exceptional rental demand and a proven history of minimal vacancy.
Its prime location places residents minutes from McAllen's major retail corridors, entertainment districts, medical facilities, and key employment hubs further enhancing stability and future appreciation potential. With opportunities for rent optimization or interior value-add improvements, this property presents a compelling addition to a growing multifamily portfolio in one of South Texas' most resilient markets.
Key Features
- Built in 1994
- 1.75 acre lot
- 2 stories
- 64 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$17,114/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2501 Hibiscus Avenue
McAllen, TX 78501
W. H. Graner #2
Features & Amenities
Exterior Features
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 2501 Hibiscus Avenue is listed at $3,200,000 ($118/sqft). The estimated monthly payment is $13,867 based on 20% down at 6.5% interest.
Key features include: Built in 1994, 1.75 acre lot, 2 stories, 64 parking spaces. Exterior Features: Sprinkler System.
This property is listed by Allen Lozano and can be reached at 9562462563 or allen@bigrealty.com.
