Current Use by Public Records
- Apartment buildings
Property Details for 5805 Sandpiper Ave
- Year built
- 2022
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional 2022-built four-plex located at 5805 Sandpiper Avenue in McAllen, Texas, presents a compelling investment opportunity. Situated on an expansive 11,249.81 square foot lot within a gated community, this property boasts two buildings, each housing two units. All four units are three-bedroom, two-bathroom apartments, currently generating significant income. Three of the four units are currently leased, commanding monthly rents between $1,270 and $1,375. Each unit features modern amenities including stainless steel appliances and a full-size washer and dryer. Residents enjoy the convenience of assigned carport parking and a private, fenced concrete backyard, minimizing maintenance. The property's prime location in McAllen, within the desirable Sharyland ISD, ensures strong tenant demand and long-term value appreciation. This turnkey investment offers immediate cash flow and a promising return on investment. The property's excellent condition and desirable features make it an ideal addition to any investment portfolio. This is a rare opportunity to acquire a high-performing multifamily property in a thriving Texas market. Don't miss out on this exceptional investment opportunity.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- McAllen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2322
- Latitude
- 26.2892
