Aurora International Real Estate
Listed by Bluestone Brokers, Aurora International Real Estate
$1,250,000
2709, McAllen (18 units)
Details
APN L106000000003200
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 11,700
Units 18
Cap Rate 7.63%
Class C
Year Built 1984
Buildings 6
Parking Spaces 0
Value add 18 unit proeprty in heart of McAllen !
Marketing description
Excellent value-add investment opportunity in the heart of McAllen, TX. This 18-unit multifamily property consists of six, 3-plex buildings and is currently cash-flowing with all appliances included, making it a turnkey asset. With minimal improvements, investors can unlock higher rental rates and increased returns, enhancing an already strong income stream with gross annual income potential to exceed $156,000. All units are 1 bed / 1 bath and range from 625 – 700 square feet. Situated on corner lots with 18+ parking spaces, the property is centrally located near schools, businesses, and major commercial corridors. Ideal for investors seeking strong cash flow with upside potential.
Listing Contacts
Aurora International Real Estate
Listed by Bluestone Brokers, Aurora International Real Estate
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