5800 Nightingale AveMcAllen, TX 78501

For Sale
$495,999
Four-unit apartment building, excellent cash flow.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional four-unit apartment building, constructed in 2020, presents a compelling investment opportunity in McAllen, Texas. Situated on a spacious 10,554.58 square foot lot, the property comprises two buildings, each housing two units. All four units boast two bedrooms and two full bathrooms, featuring attractive tile flooring and granite countertops throughout. Each unit is equipped with a full complement of appliances, including a washer and dryer, and enjoys the privacy of its own fenced backyard. Currently generating rental income, this property offers immediate cash flow potential with the added benefit of future rent increase opportunities. The central location near shopping centers, schools, and restaurants enhances its appeal and ensures strong tenant demand. The asking price is $495,999. This turnkey investment is ready for a new owner to capitalize on its strong performance and promising future. The property's modern construction and desirable features make it an ideal addition to any investment portfolio. Don't miss this chance to acquire a high-performing multifamily property in a thriving Texas market.

Highlights

  • $495,999 asking price.
  • Multifamily property, four-unit apartment building (duplex/triplex/quadruplex).
  • Four units, built in 2020, two buildings on a 10,554.58 sq ft lot.
  • Located at 5800 Nightingale Avenue, McAllen, TX 78501.
  • Each unit features two bedrooms, two bathrooms, tile floors, granite countertops, appliances, washer/dryer, and a private fenced backyard.
  • Currently leased, offering immediate cash flow potential with rent increase opportunities.

Property Details for 5800 Nightingale Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
2020
Buildings
2
Units
4

Location Insight

City
McAllen
County
Hidalgo
State
Texas
Latitude
26.2188442
Longitude
-98.2322355
5800 Nightingale Ave, McAllen, Texas

FAQs

What type of property is this?
Apartment building - Four-unit apartment building, excellent cash flow.
Where is the apartment building located?
The property is located at 5800 Nightingale Ave McAllen, TX.
What is the asking price?
The asking price for this property is $495,999.
What are key features of this property?
This property features: $495,999 asking price.; Multifamily property, four-unit apartment building (duplex/triplex/quadruplex).; Four units, built in 2020, two buildings on a 10,554.58 sq ft lot.
How can I contact the broker?
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5800 Nightingale Ave
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