Property profile

512 9Th St McAllen, TX 78501

OFF-MARKET
Apartment buildings
Property ID
US82-6563057
Built 2015
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Property summary

AI-generated overview

This exceptional four-unit apartment building, constructed in 2015, is situated on a spacious 8,494.2 square foot lot at 512 S 9th Street, McAllen, Texas, 78501. The property boasts a desirable location, offering convenient access to restaurants, parks, the 2nd street walking trail, schools, and shopping centers. Its proximity to the expressway and downtown McAllen, along with easy access to 10th Street, enhances its appeal. Each of the four units features two bedrooms and 1.5 bathrooms, complete with modern amenities. These include stainless steel appliances, a washer/dryer, quartz countertops, and new fixtures. Added comforts such as blinds, a covered patio, and assigned parking are also provided. The property is further enhanced by a fully fenced yard, painted/stained concrete, new flooring, and a sprinkler system. The asking price for this turnkey investment opportunity is $535,000. This property presents a compelling investment opportunity due to its strong location, modern amenities, and excellent condition.

Property profile

Verified
Property type Apartment buildings
Year built 2015
UPID US82-6563057

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

512 9Th St McAllen, TX 78501
McAllen metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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