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Property profile & analytics
OFF-MARKET
Apartment buildings

3305 Whetstone Ave McAllen, TX 78504

Built 2024
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, four-unit apartment building located at 3305 Whetstone Avenue in McAllen, Texas, 78504. Completed in 2024, this property boasts a desirable North McAllen location, offering convenient proximity to universities and hospitals. The complex comprises two buildings, situated on a spacious 10,018.8 square foot lot. Each of the four apartments features three bedrooms and two bathrooms, totaling 4,312 square feet of living space. The consistent gray neutral color palette flows seamlessly from the exterior to the interior of each unit, creating a sophisticated and modern aesthetic. The asking price for this turnkey investment property is $549,000. This property represents a strong addition to any investment portfolio, offering immediate rental income potential and a prime location in a growing Texas market. The property's modern design and convenient location make it highly attractive to renters, ensuring strong occupancy rates and a stable return on investment. This is a rare opportunity to acquire a newly constructed multifamily property in a highly sought-after area.

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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