$689,000

Apartment In MC Allen

  • 7,200 Sqft
  • 10,999 Sqft lot
  • Updated: May 23
  • Source:
    Greater McAllen Association of REALTORS  MLS#504739

About the Property

High-Cashflow 8-Unit Multifamily | Fully Renovated | $80K+ Annual Income

Discover this turnkey 8-unit investment property in the heart of McAllen, TX, delivering strong, stable cashflow exceeding $80,000 per year. Each unit offers 2 bedrooms and 1 bathroom, featuring fully renovated interiors with new kitchens, modern flooring, updated showers, and all-new systems throughout — ensuring mi
High-Cashflow 8-Unit Multifamily | Fully Renovated | $80K+ Annual Income

Discover this turnkey 8-unit investment property in the heart of McAllen, TX, delivering strong, stable cashflow exceeding $80,000 per year. Each unit offers 2 bedrooms and 1 bathroom, featuring fully renovated interiors with new kitchens, modern flooring, updated showers, and all-new systems throughout — ensuring minimal maintenance and long-term durability.

Unit Rents: $850–$975/month

Occupancy: 100% leased

Parking: 16 dedicated spaces

Utilities: Separately metered; tenants pay all utilities

The property’s comprehensive exterior and interior renovations give it a clean, modern appeal that attracts and retains quality tenants. With all upgrades complete, this is a true turnkey asset offering immediate income and long-term appreciation potential.

Ideal for investors seeking reliable cashflow, strong yield, and hands-off management in a thriving McAllen rental market.
  • Property type

    Apartment

  • Floors

    1

  • Year built

    1993

  • Price/sqft

    $95

Explore the Area

317 N 28th Street, McAllen, Texas, United States View on Google Maps
Price per sqft
Low
High

View 138 more listings in McAllen

Capital Advisors Real Estate Group - Mcallen

Joined 9 months ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

Capital Advisors Real Estate Group - Mcallen
Texas, United States
View agency profile
3
Listings
2025
Joined

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
Capital Advisors Real Estate Group - Mcallen
Mcallen, Texas, United States
View agency profile
Last updated
May 23
First listed
May 19
Listing reference
504739
Listing status
Call

Start phone call with:

Hello, I’m calling for the property with the reference 504739, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.

brokerages we
partnered with