3401 Fuerte Ave McAllen, TX 78504
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 3401 Fuerte Ave
- Year built
- 2022
- Property type
- Small apartment buildings
Description
This exceptional 2022-built multifamily property, located at 3401 Fuerte Avenue in McAllen, Texas, presents a compelling investment opportunity. The property consists of two buildings housing four individual apartment units, situated on a spacious 9,682.95 square foot lot. Each unit is fully equipped with modern appliances, reflecting a contemporary design aesthetic. Currently, all four units are occupied under lease agreements extending until 2025, providing immediate and consistent cash flow. The property's location within a well-established North McAllen subdivision ensures a stable tenant base and strong rental demand. The asking price for this turnkey investment is $535,000. This represents a rare chance to acquire a recently constructed, fully occupied multifamily property in a desirable Texas market, offering significant potential for long-term appreciation and passive income. The property's zip code is 78504, and it is situated in Hidalgo County. The property's coordinates are latitude 26.3078737 and longitude -98.2420941. This is a truly exceptional opportunity for discerning investors seeking a stable and profitable addition to their portfolio.
Value Estimation
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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
- -98.2420941
- Latitude
- 26.3078737