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Property profile & analytics
OFF-MARKET
Small apartment buildings

901 Galveston Ave McAllen, TX 78501

Built 1992
Property ID
US82-4520560
Property summary
AI-generated overview

This exceptional three-unit apartment building, located at 901 Galveston Avenue in McAllen, Texas, presents a compelling investment opportunity. Built in 1992, the property sits on a sizable 6,720.87 square foot lot and offers spacious, modern, and clean units ready for immediate leasing. Each unit boasts beautiful quartz countertops and ample living space, catering to a high demand for comfortable and stylish apartments. The property's central McAllen location provides unparalleled convenience, with easy access to major thoroughfares. A short five-minute drive connects residents to La Plaza Mall, McAllen Miller International Airport, US Highway 83, and Interstate Highway 2. The property's proximity to a variety of restaurants and the McAllen Medical Center further enhances its appeal to potential tenants. The asking price for this well-maintained, three-unit apartment building is $399,000. This represents a strong investment opportunity in a thriving Texas market with high rental demand. The property's excellent location and modern amenities make it an attractive option for both tenants and investors seeking a stable and profitable income stream. This is a turnkey opportunity to acquire a well-situated multifamily property in a rapidly growing area. The property consists of one building with three units. The zip code is 78501, and the property is located in Hidalgo County.

Property profile
Verified
Property type Small apartment buildings
Year built 1992
UPID US82-4520560
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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