Excellent value-add investment opportunity in the heart of McAllen, TX. This 12-unit multifamily property consists of four, 3-plex buildings and is currently cash-flowing with all appliances included, making it a turnkey asset. With minimal improvements, investors can unlock higher rental rates and increased returns, enhancing an already strong income stream. All units are 1 bedroom / 1 bathroom and are approx. 625 square feet and come with one parking spot. The property is centrally located near schools, businesses, and major commercial corridors. This property can be purchased as 12 units or together with a neighboring property (same owner) to total 18 units - ideal for investors seeking strong cash flow with upside potential.
Listing courtesy of Aurora Trevino with Aurora International Real Estate