1325 Daffodil St McAllen, TX 78501
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 1325 Daffodil St
- Year built
- 2008
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a fully rented four-plex located in a desirable gated community in McAllen, Texas. The property, situated at 1325 E Daffodil Street, 78501, boasts two buildings constructed in 2008, offering a blend of modern convenience and established rental income. The four units are comprised of three two-bedroom, two-and-a-half-bathroom units and one three-bedroom, two-and-a-half-bathroom unit, catering to a diverse range of tenants. All units are currently leased, providing immediate cash flow for the investor. Each unit comes equipped with a stove, range, washer, dryer, and refrigerator, enhancing tenant appeal and minimizing vacancy periods. The property's location within a gated community ensures a secure and peaceful environment for residents, contributing to higher occupancy rates and reduced maintenance costs. This turnkey investment property is priced at $540,500 and presents a compelling opportunity for those seeking a stable and profitable addition to their real estate portfolio. The property's strong rental history, coupled with its desirable location and modern amenities, makes it an attractive proposition for both seasoned investors and those new to the multifamily market. This is a rare chance to acquire a well-maintained, income-producing asset in a thriving Texas market.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- McAllen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2005
- Latitude
- 26.2271
