16-Unit Multifamily in Mcallen, TX
TX · listed Mar 17, 2026 (225 days)
▼ Reduced 1.2% on Aug 3, 2026, was $1,680,000
- $/unit
- $103,750
- ▲ 13% vs TX · 57th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 16
- 2 bldg · 1980
Financials
- Asking price
- $1,660,000
- Price per unit
- $103,750
- Price per sq ft
- $137
- 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
- mix of 1 and 2 bedroom units
- Buildings
- 2
- Year built
- 1980
- Building size
- 12,136 sq ft
- Avg unit size
- 759 sq ft
- Lot size
- 0.48 acres
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Mar 17, 2026
- Days on market
- 225 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Aug 3, 2026: $1.68M → $1.66M
- Location
- Approximate (~0.5 mi)
- Listing #
- 1376
About this property
Welcome to Sedona Apartments! Situated on nearly half an acre this 16 unit apartment complex features a mix of 1 and 2 bedroom units, appealing to a wide range of tenants. Enjoy a secure, gated environment with resident focused amenities including a gated pool, a Coin operated laundry room, and dedicated office space. Ideally located in the heart of McAllen, just minutes from shopping centers, top-rated schools, popular dining spots, and everyday conveniences making it an ideal location for long-term tenant demand. With a six-figure annual income and zero vacancies, Sedona Apartments offers immediate cash flow and long-term appreciation. If you’re looking for location, demand and stability, this is the one. This is the kind of investment that speaks for itself!
Multifamily | 16 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Mcallen, TXValue-add | $799K | $80K$80K | — |
 Mcallen, TX | $1.13M | $94K$94K | — |
 Mcallen, TX | $1.2M | $150K$150K | — |
 Mcallen, TXValue-add | $1.8M | $113K$113K | 9.8%gy |
 Mcallen, TX | $1.44M | $90K$90K | — |
 Mcallen, TX▼ 3% cutValue-add | $799K | $80K$80K | — |