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Property profile & analytics
OFF-MARKET
Small apartment buildings

2200 Kendlewood Ave McAllen, TX 78501

Built 1983
Property ID
US82-4099646
Property summary
AI-generated overview

This exceptional multifamily investment property, located at 2200 Kendlewood Avenue in McAllen, Texas, presents a compelling opportunity for investors. The property consists of two buildings housing a total of five individual rental units, all currently leased, generating a consistent income stream. One unit stands out as a particularly high-income producer, significantly contributing to the overall profitability. Built in 1983, the property sits on a substantial 9,113.188 square foot lot, offering ample space. The property's prime McAllen location provides residents with convenient access to a variety of amenities, including shopping, dining, and local attractions, ensuring high occupancy rates and tenant satisfaction. The asking price for this turnkey investment is $298,000. This property is ideally suited for both experienced investors seeking to expand their portfolio and newcomers looking to enter the lucrative multifamily market. The strong rental income and desirable location make this a truly exceptional investment opportunity in the thriving McAllen, Texas market. The property's zip code is 78501, and it is situated in Hidalgo County. This is a rare chance to acquire a well-maintained, income-generating property in a high-demand area.

Property profile
Verified
Property type Small apartment buildings
Year built 1983
UPID US82-4099646
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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