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Property profile & analytics
FOR SALE
Small apartment buildings

5713 Northwestern Ave McAllen, TX 78504

Built 2024
Property ID
US83-3765668
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, four-unit apartment building located at 5713 Northwestern Avenue, McAllen, Texas, 78504. Completed in 2024, this property boasts two buildings situated on a generous 10,687.01 square foot lot. The property is classified as a multifamily investment, specifically a duplex/triplex/quadruplex, offering four individual rental units. Each unit features two bedrooms and two bathrooms, providing comfortable and desirable living spaces for tenants. The property's location within the Hills at Sharyland suggests a desirable neighborhood. The asking price for this turnkey investment is $505,000, and the seller is offering a significant $10,000 in seller concessions, making this an attractive proposition for savvy investors. This property represents a rare chance to acquire a newly constructed, multi-unit building in a thriving Texas market, offering immediate rental income potential and strong long-term appreciation prospects. The property's modern construction and desirable features are expected to attract high-quality tenants, ensuring consistent cash flow. This is a truly exceptional opportunity for investors seeking a stable and profitable addition to their portfolio. The property is situated in Hidalgo County.

Property profile
Verified
Property type Small apartment buildings
Year built 2024
UPID US83-3765668
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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