8-Unit Multifamily in Mcallen, TX
Hidalgo County, TX · listed Jan 10, 2025 (656 days)
- $/unit
- $95,625
- ▲ 4% vs TX · 52nd pct
- Cap rate
- —
- Gross yield
- —
- Units
- 8
- 2 bldg · 1993
Financials
- Asking price
- $764,999
- Price per unit
- $95,625
- Price per sq ft
- $106
- 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
- 2
- Year built
- 1993
- Building size
- 7,200 sq ft
- Avg unit size
- 900 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jan 10, 2025
- Days on market
- 656 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 2057
About this property
Discover this fully renovated 8-unit multi-family property, ideally located in the heart of McAllen. Each unit features 2 bedrooms and 1 bathroom, with updated kitchens, modern flooring, and beautifully remodeled showers. The exterior has also been completely upgraded, offering a fresh and inviting look. Unit Rents: $850-$975/month Parking: 16 dedicated spaces Utilities: Tenants pay their own electricity and water This turnkey property offers exceptional rental income potential with all the hard work already done. Don't miss out on this high-performing asset in a prime location!
Multifamily | 8 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Mcallen, TXHigh yieldStabilized | $449K | $90K$90K | 12.4% |
 Mcallen, TX▼ 3% cut | $675K | $84K$84K | — |
| Mcallen, TX Owner financingHigh yieldStabilized | $650K | $81K$81K | 12.2%gy |
 Mcallen, TXValue-add | $675K | $135K$135K | — |
| Mcallen, TX Owner financing | $700K | $88K$88K | — |
 Mcallen, TXStabilized | $379K | $63K$63K | 7.7% |