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Property profile & analytics
OFF-MARKET
Small apartment buildings

3401 Fuerte Ave McAllen, TX 78504

Built 2022
Property ID
US82-0446638
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Small apartment buildings
Year built 2022
UPID US82-0446638
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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