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

  • $789,900

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!


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

2800 N 30th St
McAllen, TX 78501
For Sale
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