1312 Beech AveMcAllen, TX 78501

For Sale
$580,000
11-Unit Apartment Building, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional multifamily investment opportunity presents an 11-unit apartment building situated on a 7,501.032 square foot lot in the desirable McAllen, Texas, 78501 zip code. The property, located at 1312 Beech Avenue, comprises two buildings constructed in 1990. This well-maintained property offers a strong potential for immediate cash flow and long-term appreciation. The convenient location provides residents with easy access to a variety of amenities, including dining, shopping, and entertainment venues. The property's affordability makes it an attractive option for renters, ensuring high occupancy rates. With 11 units, this property offers a diversified income stream and significant potential for future growth. The asking price is $580,000, representing a compelling investment opportunity in the thriving McAllen market. This property is classified as a Multifamily, specifically an Apartment Building, Duplex/Triplex/Quadruplex. The property's strong location and solid construction make it an ideal addition to any investor's portfolio. This is a turnkey opportunity to acquire a well-maintained, income-producing asset in a high-demand area. The property's size and unit count offer significant scalability and potential for future value appreciation. Serious inquiries are encouraged.

Highlights

  • $580,000 asking price.
  • Multifamily property, 11-unit apartment building.
  • Two buildings on a 7,501 sq ft lot.
  • Built in 1990.
  • Located at 1312 Beech Avenue, McAllen, TX 78501.

Property Details for 1312 Beech Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
1990
Buildings
2
Units
11

Location Insight

City
McAllen
County
Hidalgo
State
Texas
Latitude
26.2056735
Longitude
-98.2337107
1312 Beech Ave, McAllen, Texas

FAQs

What type of property is this?
Apartment building - 11-Unit Apartment Building, High ROI Potential
Where is the apartment building located?
The property is located at 1312 Beech Ave McAllen, TX.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: $580,000 asking price.; Multifamily property, 11-unit apartment building.; Two buildings on a 7,501 sq ft lot.
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.
How do I access a private listing?
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1312 Beech Ave
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