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%
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
Perfect for 1031 Exchange
No Seller Financing
Purchase Price $789,000