1 / 2$1,200,000
8-Unit Multifamily in Mcallen, TX
Hidalgo County, TX · listed Jul 26, 2024 (824 days)
Price per unit compared
This property$150K
Within ~40 mi (199)$81K
Texas median (1,196)$92K
- $/unit
- $150,000
- ▲ 63% vs TX · 76th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 8
- 1 bldg · 2013
Financials
- Asking price
- $1,200,000
- Price per unit
- $150,000
- Price per sq ft
- $159
- 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
- 8
- Unit mix
- Not stated
- Buildings
- 1
- Year built
- 2013
- Building size
- 7,534 sq ft
- Avg unit size
- 942 sq ft
- Lot size
- 0.32 acres
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jul 26, 2024
- Days on market
- 824 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1522
About this property
Take a look at this great 8 unit multi family property. This is a perfect investment located in a prime location in Mcallen, Texas. 4 apartments are available for rent. 2 units rent at $900 and 2 units with balcony at $950.
Multifamily | 8 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
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|---|---|---|---|
| Mcallen, TX High yieldValue-add | $399K | $67K$67K | 13.5%gy |
 Mcallen, TXHigh yieldValue-add | $399K | $67K$67K | 13.5%gy |
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 Mcallen, TX▼ 1% cutStabilized | $1.66M | $104K$104K | — |
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