5805 Puffin Ave Palmhurst, TX 78573
This exceptional 2022-built multifamily property in Mission, Texas, presents a lucrative investment opportunity. Located at 5805 Puffin Avenue, this four-plex complex boasts ten units spread across four buildings, situated on a generous 8,190 square foot lot. The property is part of a gated multi-family subdivision within the desirable Sharyland ISD. Each unit offers a modern open layout, ranging from two to three bedrooms and two bathrooms, with spacious 1,093 square foot floor plans. High-quality finishes include custom cabinets, modern granite countertops, and stainless steel appliances. In-unit washer and dryer connections add to the convenience. Eight carport spaces provide ample parking. All units feature private fenced concrete backyards, enhancing privacy and outdoor living space. Currently, all units are rented, making this a turnkey investment with immediate cash flow. The property's central location in Mission, Texas, and its modern amenities make it highly attractive to renters. This is a rare opportunity to acquire a well-maintained, high-performing multifamily asset in a thriving market. The asking price is $530,000. Contact for more information and scheduling a showing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.