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Property profile & analytics
OFF-MARKET
Apartment buildings

5804 Notre Dame Ave Mission, TX 78504

Built 2024
Property ID
Property summary
AI-generated overview

This exceptional 2024-built four-unit apartment building presents a compelling investment opportunity in McAllen, Texas, specifically within the desirable Hills at Sharyland Subdivision. Situated on a spacious 10,819 square foot lot, the property comprises one building housing four units. Two units boast two bedrooms and two bathrooms each, while the remaining two offer three bedrooms and two bathrooms apiece. Each unit is equipped with a refrigerator, stove, microwave, washer, and dryer, providing immediate convenience for tenants. The open floor plans, abundant natural light from large windows, and designated parking further enhance the appeal. The property's strategic location offers proximity to schools, shopping centers, and recreational facilities, ensuring high tenant demand and strong rental income potential. The asking price is $500,000, and financing options may include a construction loan or a 20% down payment. This property is ideal for investors seeking a turnkey multifamily investment in a thriving Texas market. The interiors are customizable, allowing for personalized touches to maximize rental returns. This is a rare opportunity to acquire a newly constructed, well-appointed multifamily property in a highly sought-after location.

Property profile
Verified
Property type Apartment buildings
Year built 2024
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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