5800 Puffin Ave McAllen, TX 78504
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 5800 Puffin Ave
- Year built
- 2022
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a brand-new, four-unit apartment building situated in a desirable gated community in McAllen, Texas. Constructed in 2022, this property boasts two buildings situated on a spacious 10,625.155 square foot lot. The property is ideally suited for investors seeking a turnkey multifamily asset in a thriving Texas market. The asking price is $549,500, representing a compelling entry point into the McAllen rental market. The property's location within a gated community offers residents enhanced security and peace of mind, contributing to higher occupancy rates and reduced tenant turnover. The recent construction ensures minimal maintenance needs and long-term value appreciation potential. With four individual units, this property provides a diversified income stream and the potential for significant returns on investment. The property's address is 5800 Puffin Avenue, McAllen, TX 78504, within Hidalgo County. This is a rare opportunity to acquire a high-quality, newly built multifamily property in a rapidly growing area. The property's modern design and prime location make it an attractive option for renters, ensuring strong demand and consistent rental income. Don't miss this chance to add a valuable asset to your investment portfolio.
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
- -98.2322
- Latitude
- 26.2892
