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Property profile & analytics
OFF-MARKET
Small apartment buildings

11007 36Th Ln McAllen, TX 78504

Built 2022
Property ID
US82-0074043
Property summary
AI-generated overview

This exceptional 2022-built quadplex, located at 11007 N 36th Lane in McAllen, Texas, presents a compelling investment opportunity. The property boasts four units, all currently leased, ensuring immediate cash flow. Situated on a spacious 9,583.2 square foot lot, the property comprises two buildings, offering both convenience and potential for future expansion or individual unit management. Its strategic location near University Drive provides easy access to a wealth of shopping centers and restaurants, enhancing its appeal to tenants and maximizing rental income potential. All appliances are included in the sale, minimizing upfront costs for the new owner. The asking price for this turnkey investment is $527,000. This fully leased property offers a rare chance to acquire a high-performing asset in a thriving Texas market, promising strong returns and long-term stability. The property's recent construction (2022) ensures minimal maintenance needs and modern amenities, further enhancing its value and attractiveness to tenants. With its prime location and strong rental income, this quadplex represents a sound investment for discerning buyers seeking immediate returns and future appreciation. The property is located in Hidalgo County, Texas, zip code 78504.

Property profile
Verified
Property type Small apartment buildings
Year built 2022
UPID US82-0074043
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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