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Fully Rented Multifamily Property
For Sale
Contact for pricing
Pending

700 Sandpiper Avenue, McAllen, TX 78504

Corner-lot income property without an HOA, positioned near established retail, dining, banking, and ongoing development.

Property SizeContact for details
Days on Market141

Property Features for 700 Sandpiper Avenue

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%
Listing Agency: Key Realty
Listed By: Erma Ramientos
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 3:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Key Realty

Investment Insights

Based on property information with market context.

This multifamily property at 700 Sandpiper Avenue is situated on a corner lot along a tree-lined street and is fully rented. The property is not subject to an HOA. Unit 2’s tenant owns the appliances, which are excluded from the sale.

The property is near the intersection of 10th Street and Trenton Road, with banks, national chain restaurants, Starbucks, Sam’s Club, Target, HEB Plus, and Home Depot in the surrounding area. Additional development is in progress nearby.

Reported property management and lawn-mowing expenses are identified separately. The seller intends to complete a 1031 exchange, with buyer cooperation required in the process.

Key Highlights

  • Fully rented multifamily property
  • Corner‑lot position on a tree‑lined street
  • No HOA

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Building Supply (Bike/Boat/Book/etc) Store Hotel & Motel Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,118
Businesses Nearby

Demographics for 78504, TX

56,830
Population
21,417
Households
2.7
Avg Household Size
35
Median Age
40%
College-Educated
86%
High-School Grad
19.6 sq mi
ZIP Area
2,899
Density / Sq Mi
$77,627
Median Household Income
$41,632
Median Earnings
$1,178
Median Rent
$203,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Corner-lot income property without an HOA, positioned near established retail, dining, banking, and ongoing development.
Where is this multifamily property located?
The property is located at 700 Sandpiper Avenue McAllen, TX.
What are key features of this property?
This property features: Fully rented multifamily property; Corner‑lot position on a tree‑lined street; No HOA
More about this property
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