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    FOR SALE
    Small apartment buildings

    2208 Galveston Ave McAllen, TX 78501

    Built 2023
    Property ID
    US82-3390719
    2208 Galveston Ave, McAllen, TX 78501 For Sale 1 / 45
    $455,000
    2208 Galveston Ave, McAllen, TX 78501
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    Property summary
    AI-generated overview

    This exceptional 2023-built triplex located at 2208 Galveston Avenue in McAllen, Texas, presents a lucrative investment opportunity. The property boasts three identical units, each offering three bedrooms and two bathrooms, totaling over 1,000 square feet of living space. Modern finishes throughout each unit contribute to high rental demand and potential for strong cash flow. Separate utilities for each unit simplify management and enhance tenant satisfaction. The property sits on a sizable 6,969.6 square foot lot, providing ample off-street parking for residents. Its prime location in McAllen, within close proximity to various amenities, further enhances its appeal to renters. This turnkey investment is ideal for both seasoned investors seeking a high return on investment and families considering multi-generational living arrangements. The asking price for this exceptional property is $460,000. The property consists of one building and is situated in Hidalgo County, Texas, zip code 78501. This is a rare opportunity to acquire a nearly new, high-quality multifamily property in a thriving Texas market.

    Property profile
    Verified
    Property type Small apartment buildings
    Year built 2023
    UPID US82-3390719
    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
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    2208 Galveston Ave, McAllen, TX, 78501
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