5600 Sandpiper ave - Apartments FOR SALE


McAllen, TX 78504
$525,000 USD
956-520-2318
5600 Sandpiper ave, McAllen, TX for Sale
$525,000 USD
Apartments - FOR SALE
1/11
null | 7.14% Cap Rate

5600 Sandpiper ave
McAllen, TX 78504


HIGHLIGHTS

  • Wonderful Quiet gated community that is well kept, off the mail roads, Tenants LOVE this subdivision
  • Each unit has great lighting, open floor plan, and low maintenance surfaces
  • All brick exterior, very low maintenance, large gated yards, small families love these, and stay longer becuase of the good schools nearby

OVERVIEW

Welcome to Shary Manor, located in one of the fastest growing Texas counties. This Fourplex is quality built, all Brick, Low maintenance exterior. And fully leased. The quality units have nice fenced backyards, Stainless Steel Kitchen appliances, and washer/dryer are included. These features are ones that Young professional couples, Young Families, and families relocating from out of state LOVE. This gated community is in the most desirable school district in the county! It is near parks, restaurants, colleges, hospitals and vast amount of medical and jobs. These units are professionally managed. Pics from one unit that used to be an AirBNB and a vacant unit that now has tenant.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$126 USD /SF

# OF UNITS

4

PRICE/UNIT

$131,250

CAP RATE

7.14%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5600 Sandpiper Ave. - Luxury Fourplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

PARKING SPACES

8

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Multi-Family Residental

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Janet ClementSpirit Real EstateMore Info
956-520-2318

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Janet ClementSpirit Real EstateMore Info
956-520-2318

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.