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5705 Sandpiper Ave

4 Unit Apartment Building $605,000 ($151,250/Unit) McAllen, TX 78504

Investment Highlights

  • 4,349 SF building with 4 spacious units
  • 100% occupancy for immediate income
  • High rental demand in the area
  • Built in 2022 for modern appeal
  • Well-maintained property for low maintenance costs
  • Strong investment opportunity in growing market

Executive Summary

Introducing a prime investment opportunity in McAllen, TX - a 4,349 SF building with 4 modern units, all built in 2022. This well-maintained property boasts 100% occupancy, ensuring immediate income for investors. Offering tenant comfort and appeal, each spacious unit features 3 bedrooms and 2 bathrooms, wood-like tile throughout, granite counter tops, stainless steel appliances, washer/ dryer and a private patio. Zoned RM, this property presents a strong investment opportunity in a growing market. With low maintenance costs and a prime location, this multifamily rental portfolio asset offers the potential for substantial returns.

Property Facts

Price $605,000
Price Per Unit $151,250
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Lot Size 0.24 AC
Building Size 4,349 SF
Average Occupancy 100%
No. Stories 1
Year Built 2022

Unit Amenities

  • Washer/Dryer
  • Tile Floors
  • Granite Countertops
  • Stainless Steel Appliances
  • Patio

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 4 - -

zoning

Zoning Code RM
RM
  • Listing ID: 31406381

  • Date on Market: 4/3/2024

  • Last Updated:

  • Address: 5705 Sandpiper Ave, McAllen, TX 78504

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