
Listed by RE/MAX Elite
$740,000
11003 N 36th Lane
Details
APN S644300000000600
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 5,901
Units 6
Year Built 2023
Buildings 3
Acreage 0.364
Multifamily | 6 Units
Marketing description
Exceptional income-producing opportunity in North McAllen! This well-constructed sixplex offers strong, diversified cash flow potential in a high-demand rental market.
Five long-term rental units, one unit operating as a short-term rental (Airbnb), generating approximately $1,500/month, providing an immediate value-add component and increased revenue flexibility.
All units are fully equipped with in-unit washer and dryer, stove, refrigerator, and microwave hood—an attractive feature that supports higher rental rates and tenant retention while minimizing future capital expenditures.
Each unit includes a private patio with grass and sprinkler system, enhancing tenant appeal and overall property desirability. Rear alley access with 11 parking spaces ensures ample parking, a key factor for tenant satisfaction and occupancy stability. low maintenance finishes, and strong rental demand in N McAllen, ideal turnkey property with immediate income and long-term appreciation potential.
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Listed by RE/MAX Elite
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