5713 Northwestern Ave McAllen, TX 78504
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.