.(149851) Fully Occupied 19-Unit Complex with Multiple Upsides, McAllen, TX Sold

$789,900

Sold

Collect $9,450/month OR MORE on this
18 Unit Apartment Complex in McAllen-TX
*****Great Investment Property*****
• Are you looking for real passive income?
• Are you looking to multiply your returns in real estate?
• Tired of competing over single family units?

Now you can own 18 income-producing units through one property purchase!

PRICED TO MOVE QUICKLY:  $789,900

This multifamily property offers multiple money-generating strategies:
 Great Investment Opportunity!
 Cap Rate: 10%
 100% Occupancy
 1984 Built
 McAllen is one of the top hot Real Estate markets in TX
 14 min drive to McAllen International Airport
 3 min drive to South Texas College
 6 min drive to International Museum of Art & Science
 23 min drive from University of Texas Rio Grande Valley, which has a new Medical School opened in 2016
 Rent Increase Upside
 Major Employers: Edinburg Regional Medical Center, University of TexasPan American, McAllen Medical Center, Columbia Rio Grande Regional Hospital, South Texas College, University of Texas Rio Grande Valley, Wal-Mart, TMobile, HEB, Dillard’s, McDonalds, Direct Energy
 $73,710 NOI
 Perfect for 1031 Exchange
 No Seller Financing
 Purchase Price $789,000
For IMMEDIATE DELIVERY of the Property Package:

Option 1:  Text your name & email to 956-441-2733 and a packet will be emailed within 10 minutes

Option 2:  Dial the voice box at 956-441-2733 and speak ONLY your name & email – a packet will be emailed within 10 minutes

Property Details

Price:
$789,900
Address:
2800 N 30th St
City:
McAllen
State:
TX
Zip Code:
78501
Terms:
For Sale
Property Type:
Apartment

Property Location