5800 Puffin AveMcAllen, TX 78504

Property Details for 5800 Puffin Ave

Year built

2022

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

This exceptional investment opportunity presents a brand-new, four-unit apartment building situated in a desirable gated community in McAllen, Texas. Constructed in 2022, this property boasts two buildings situated on a spacious 10,625.155 square foot lot. The property is ideally suited for investors seeking a turnkey multifamily asset in a thriving Texas market. The asking price is $549,500, representing a compelling entry point into the McAllen rental market. The property's location within a gated community offers residents enhanced security and peace of mind, contributing to higher occupancy rates and reduced tenant turnover. The recent construction ensures minimal maintenance needs and long-term value appreciation potential. With four individual units, this property provides a diversified income stream and the potential for significant returns on investment. The property's address is 5800 Puffin Avenue, McAllen, TX 78504, within Hidalgo County. This is a rare opportunity to acquire a high-quality, newly built multifamily property in a rapidly growing area. The property's modern design and prime location make it an attractive option for renters, ensuring strong demand and consistent rental income. Don't miss this chance to add a valuable asset to your investment portfolio.

Location Insight

City

McAllen

County

Hidalgo

State

Texas

Latitude

26.2892

Longitude

-98.2322

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