Village Apartments McAllen, TX

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Village Apartments

Address

2709, 2800 & 2713 North 30th
McAllen, TX 78501

Summary

  • Units: 18
  • Year Built: 1983

Investment Highlights

  • Positive Submarket Fundamentals 
  • Located in a Low Supply Submarket 
  • True Value-Add Opportunity
  • Zoned to McAllen School District 

Positive Submarket Fundamentals

Strong multifamily market fundamental trends, where the immediate submarket has an average occupancy of 97%+ over the past four years, and minimal new supply pipeline is projected through 2022.

Located in Low Supply Submarket

Unique opportunity to buy well below replacement costs as land and construction costs continue to rise.

True Value-Add Opportunity

1983 vintage-Village Apartments is a blank canvas for capital investment and operational enhancement: 

Unit interiors are still in classic condition and present a new owner the opportunity to upgrade and increase rents to compete with newer upgraded properties. 

New owner can implement new revenue programs such as cable and internet package. 

Zoned to McAllen School District

Affluent resident and location demographics provide a key foundation for future rent growth as the McAllen submarket has historically experienced exceptional historic rent growth.

Points of Interest

Team

Brokerage Team

When evaluating your options for a partner to assist with the sale of your multifamily asset, there are a number of factors you may consider. From experience and market knowledge to marketing prowess and ongoing support, each plays an integral role in creating a positive experience and a profitable outcome. Yet the one competency you may never have considered could be the one that matters most: the ability to move capital across markets efficiently and effectively. 


MMG possesses a unique combination of talent, resources, expertise, and access that delivers an elevated experience from acquisition to disposition. Discover the benefits of a partnership with us.


Michael Moffitt

Michael Moffitt

Managing Director
MMG REA
512.584.4813 michael.moffitt@mmgrea.com
Alex Thompson

Alex Thompson

Senior Advisor
MMG REA
303.345.7208 alex.thompson@mmgrea.com
Michael Watson

Michael Watson

Managing Director/Director of Revenue & Production
MMG REA
TX 9013768
512.557.5060 michael.watson@mmgrea.com
Thomas Rodriguez

Thomas Rodriguez

Associate Advisor
MMG REA
913.608.3537 thomas.rodriguez@mmgrea.com
Brad Madison

Brad Madison

Senior Advisor - Structured Finance
MMG REA
660.868.0519 brad.madison@mmgrea.com
Michael Sullivan

Michael Sullivan

Executive Managing Director/Founding Partner
MMG REA
913.484.7923 michael.sullivan@mmgrea.com
Alex Blagojevich

Alex Blagojevich

Executive Managing Director/Founding Partner
MMG REA
773.899.0391 alex.blagojevich@mmgrea.com