Jun 3, 2014
McAllen Paradise Village fetches $4M
McALLEN - Boerne-based Calton Investments acquired the 82-unit Paradise Village Apts. at 4210 N Main St. in for $4.3 million, or about $52,000 per unit. The 75,112-sf property sits on...
McALLEN – Boerne-based Calton Investments acquired the 82-unit Paradise Village Apts. at 4210 N Main St. in for $4.3 million, or about $52,000 per unit.
The 75,112-sf property sits on approximately 3.5 acres and consists of ten two-story buildings. The complex is comprised of a mix of one- and two-bedroom units.
The complex was 98 percent leased at the time of sale.
Read more at CoStar Group.
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