Raybec Investment Company, a developer with two decades of experience in the Rio Grande Valley and Corpus Christi real estate markets, introduces its newest residential offering: Mercedes Place Apartments. Strategically located in Mercedes, Texas, this brand-new 128-unit apartment complex provides an ideal living experience within the burgeoning Rio Grande Valley. Opened in February, Mercedes Place Apartments is quickly becoming a sought-after address, attracting residents with its prime location and contemporary amenities.
Mercedes’ central position within one of Texas’ fastest-growing metropolitan areas is a significant advantage, according to Marvin Feiger, a partner at Raybec. “We are perfectly situated between Harlingen and McAllen,” Feiger explains, highlighting the convenience of the location. “Residents enjoy an easy commute to work while residing in a less congested and more relaxed city environment.” This strategic positioning offers a balanced lifestyle, combining professional accessibility with peaceful living.
Mercedes Place Apartments is designed as a gated community, prioritizing resident security and peace of mind with security cameras throughout the property. The complex boasts a large clubhouse, serving as a central hub for community interaction and resident events. For fitness enthusiasts, a state-of-the-art fitness center is readily accessible, promoting a healthy and active lifestyle. Practical needs are also met with on-site laundry facilities conveniently located in each section of the apartment complex. To combat the Texas heat, residents can enjoy a beautiful swimming pool, creating a refreshing oasis within the community.
The apartments themselves are thoughtfully designed with modern living in mind. Both one-and-two bedroom options feature stylish granite countertops, elegant wood cabinets, and high-quality appliances, providing a comfortable and upscale living space. Understanding the needs of pet owners, Mercedes Place Apartments is also a pet-friendly community, welcoming furry companions to join their residents.
Monthly rental rates at Mercedes Place Apartments are competitively priced, ranging from $675 to $820 per month, offering excellent value for the location and amenities. The one-bedroom apartments provide a comfortable 604 square feet of living space, while the two-bedroom, two-bath apartments offer a more spacious 864 square feet, catering to various lifestyle needs.
Feiger emphasizes the recent economic growth in Mercedes, pointing to the expansion of the healthcare sector and the opening of a new FedEx distribution center as indicators of the city’s positive trajectory. Mercedes Place Apartments is ideally positioned to benefit from and contribute to this growth, attracting residents seeking modern housing in a thriving community. “Mercedes Place attracts residents from both near and far,” Feiger states, highlighting the broad appeal of the apartment complex. He also expresses satisfaction with the city collaboration, “We have been involved in a few projects in Mercedes, and we have been extremely happy to work with the city of Mercedes, and especially with the Economic Development Corporation and Melissa Ramirez.”
The inviting palm tree-lined entrance to Mercedes Place Apartments, located at 1202 N. Mile 1 E., welcomes residents and visitors alike. Its proximity to the Rio Grande Valley Premium Outlets, less than a mile away, and convenient access to Expressway 77/83, further enhance its desirability, placing residents at the heart of regional connectivity.
Despite the challenges presented by the COVID-19 situation during its opening, Raybec remains optimistic about the success of Mercedes Place Apartments. “We opened in a very difficult time during the beginning of the pandemic,” Feiger acknowledges. “Despite the coronavirus, we are happy to say that we are making steady progress with new tenants.” The positive reception from new residents reinforces this confidence, with Feiger concluding, “Our new tenants are very excited and happy to be part of our new community.” Mercedes Place Apartments offers not just a residence, but a welcoming and modern community in the heart of the Rio Grande Valley.
