16-Unit Multifamily in Mcallen, TX
TX · listed Aug 6, 2026 (83 days)
- $/unit
- $90,000
- ▼ 2% vs TX · 48th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 16
- 1 bldg · 1980
Financials
- Asking price
- $1,440,000
- Price per unit
- $90,000
- Price per sq ft
- $138
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 16
- Unit mix
- 10 one-bedroom, one-bath units • 6 two-bedroom, one-bath units
- Buildings
- 1
- Year built
- 1980
- Building size
- 10,464 sq ft
- Avg unit size
- 654 sq ft
- Lot size
- 0.45 acres
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Aug 6, 2026
- Days on market
- 83 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1152
About this property
Exceptional Investment Opportunity | 16-Unit Multifamily Complex Expand your investment portfolio with this well-maintained 16-unit multifamily property, ideally situated in a desirable and convenient location with strong rental appeal. The property offers a versatile unit mix designed to attract a broad tenant base: • 10 one-bedroom, one-bath units • 6 two-bedroom, one-bath units Residents enjoy several desirable amenities, including covered carport parking, additional front parking, appliances included in every unit, an on-site laundry facility, and a designated dog area for pet-friendly living. With its attractive unit mix, convenient amenities, and excellent location, this multifamily complex presents a compelling opportunity for investors looking to add a substantial income-producing asset to their portfolio.
Multifamily | 16 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
| Mcallen, TX Owner financingHigh yieldStabilized | $650K | $81K$81K | 12.2%gy |
▼ 8% cut | $1.79M | $50K$50K | — |
Stabilized | $700K | $100K$100K | 11.3%gy |
Value-add | $675K | $135K$135K | — |
Mcallen, TXOwner financingHigh yieldVacant | $700K | $88K$88K | 8.8% |
High yieldValue-add | $399K | $67K$67K | 13.5%gy |
