5800 Nightingale Ave McAllen, TX 78501
This exceptional four-unit apartment building, constructed in 2020, presents a compelling investment opportunity in McAllen, Texas. Situated on a spacious 10,554.58 square foot lot, the property comprises two buildings, each housing two units. All four units boast two bedrooms and two full bathrooms, featuring attractive tile flooring and granite countertops throughout. Each unit is equipped with a full complement of appliances, including a washer and dryer, and enjoys the privacy of its own fenced backyard. Currently generating rental income, this property offers immediate cash flow potential with the added benefit of future rent increase opportunities. The central location near shopping centers, schools, and restaurants enhances its appeal and ensures strong tenant demand. The asking price is $495,999. This turnkey investment is ready for a new owner to capitalize on its strong performance and promising future. The property's modern construction and desirable features make it an ideal addition to any investment portfolio. Don't miss this chance to acquire a high-performing multifamily property in a thriving Texas market.
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
Similar Nearby for Lease
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.