5609 Sandpiper Ave McAllen, TX 78504
- Small apartment buildings
- 4,312 SF
Current Use by Public Records
- Small apartment buildings
Property Details for 5609 Sandpiper Ave
- Year built
- 2022
- Property size
- 4,312 SF
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a meticulously maintained, four-unit apartment building ideally situated in McAllen, Texas, within the desirable Sharyland ISD. Built in 2022, this property boasts a total of 4,312 square feet across two buildings, situated on a generous 10,625.155 square foot lot. Each of the four units offers a spacious and modern open-concept floor plan, featuring three bedrooms and two bathrooms. High-quality finishes are evident throughout, including wood-like tile flooring, custom cabinetry in the kitchens, modern granite countertops, and kitchen islands providing ample storage. The master bedrooms are generously sized and include large closets and frameless glass shower enclosures in the ensuite bathrooms. For added convenience and privacy, each unit enjoys its own private fenced concrete backyard, minimizing maintenance requirements. Stainless steel appliances, including washers and dryers, are included in each unit. Eight carport spaces are available for residents. Tenants are responsible for electricity, trash, cable, and internet services. This property presents a compelling investment opportunity with immediate cash flow potential, thanks to its prime location and modern amenities. The asking price for this turnkey multifamily property is $530,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- McAllen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2322355
- Latitude
- 26.2892001