For Sale
$540,000

3305 Frio Ave McAllen, TX 78504

Brand new 4-unit apartment building in McAllen, TX.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a newly constructed fourplex located at 3305 Frio Avenue in McAllen, Texas, zip code 78504. Built in 2022, this property sits on a generous 9,557.935 square foot lot and comprises two separate buildings. The four units are ideally configured as two two-bedroom, two-bathroom units and two three-bedroom, two-bathroom units, catering to a diverse range of tenants. High-quality finishes are evident throughout, including attractive tile flooring and granite countertops. Central air conditioning ensures year-round comfort for residents. The property's location in McAllen, Hidalgo County, offers excellent access to local amenities and services. The asking price for this turnkey multifamily investment is $540,000. This represents a compelling opportunity for investors seeking a well-maintained, recently constructed property in a thriving Texas market. The property's modern design and desirable features are expected to attract and retain high-quality tenants, contributing to strong rental income and a positive return on investment. This is a rare chance to acquire a well-positioned, income-generating asset in a rapidly growing area.

Highlights

  • Newly constructed fourplex in McAllen, TX (78504).
  • Built in 2022 on a 9,557 sq ft lot; comprises two buildings.
  • Four units: two 2/2s and two 3/2s.
  • High-end finishes including tile flooring and granite countertops.
  • Central AC.
  • Asking price: $540,000.

Property Details for 3305 Frio Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
2022
Buildings
2
Units
4

Location Insight

City
McAllen
County
Hidalgo
State
Texas
Latitude
26.306898
Longitude
-98.241579

FAQs

What type of property is this?
Apartment building - Brand new 4-unit apartment building in McAllen, TX.
Where is the apartment building located?
The property is located at 3305 Frio Ave McAllen, TX.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Newly constructed fourplex in McAllen, TX (78504).; Built in 2022 on a 9,557 sq ft lot; comprises two buildings.; Four units: two 2/2s and two 3/2s.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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3305 Frio Ave
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