5705 Sandpiper Ave - Apartments FOR SALE


McAllen, TX 78504
$605,000 USD
361-289-5168
5705 Sandpiper Ave, McAllen, TX for Sale
$605,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

5705 Sandpiper Ave
McAllen, TX 78504


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$605,000 USD

PRICE/SF

$139 USD /SF

# OF UNITS

4

PRICE/UNIT

$151,250

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,625 SF

ZONING

RM

APN/PARCEL ID

S2955-00-000-0053-00

ASK ABOUT THIS PROPERTY

David HeitzmanCravey Real Estate Services, Inc.More Info
361-289-5168

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

David HeitzmanCravey Real Estate Services, Inc.More Info
361-289-5168

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