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MULTI-FAMILY REAL ESTATE INVESTMENTS

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Properties available by LEAN estates and partners.

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***SOLD***TO PREFERRED BUYER 16-UNIT APARTMENT COMPLEX

***SOLD***TO PREFERRED BUYER 16-UNIT APARTMENT COMPLEX

525,000.00

912-913 Athol St

San Juan, TX 78589

sold out
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SUMMARY

 

Highlights

Collect $7,760/month OR MORE on this
16 units Apartment Complex
In San Juan(McAllen), TX

Excellent Cash Flowing Property!

  • Are you looking for real passive income?
  • Are you looking to multiply your returns in real estate?
  • Tired of competing over single family units?

Now you can own 16 income-producing units through one property purchase!

PRICED TO MOVE QUICKLY:  $525,000

Investment Opportunity

  • Purchase Price: $525K

  • Assignment fee included

  • Building Class: C

  • Location Class: C

  • Rent Increase Upside

  • Market Retail Value is $650K based on local market CAP of 8.5%

  • New Buyer will be assigned the contract to close

  • Property is offered for sale to qualified Buyers

 

 

Investment Benefits

  • Great Location: San Juan McAllen is one of the top hottest Real Estate markets in TX

  • 20 min drive to University of Texas Rio Grande Valley

  • 15 min drive to McAllen International Airport

  • Located in heavy traffic area and great visibility

  • Professional Property Management available

  • 100% Occupancy

  • CAP Rate: 11% (Actuals)

  • NOI: $55,872 (Actuals)


 

Property Details

Terms: For Sale by Wholesaler
Property Type: Commercial MF Building

Price: $525,000
Address: 912-913 Athol St
City: San Juan
State: TX
Zip Code: 78589

 

This is an Off-Market Deal

For additional information and to request a LEAN Summary please submit below.

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