5705 Sandpiper Ave
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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 | Lot Size | 0.24 AC |
Price Per Unit | $151,250 | Building Size | 4,349 SF |
Sale Type | Investment | Average Occupancy | 100% |
No. Units | 4 | No. Stories | 1 |
Property Type | Multifamily | Year Built | 2022 |
Property Subtype | Apartment |
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 | - | - |
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zoning
Zoning Code | RM |
RM |
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5705 Sandpiper Ave
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