3820 N 9th Court, Mcallen, TX 78501
- $825,000
- 5,692
- SqFt
- List Price
- $825,000
- Status
- ACTIVE
- MLS#
- 507554
- Living Area
- 5,692
- Lot Size (Acres)
- 0.2214
- Year Built
- 1978
Property Description
Don't miss this exceptional investment opportunity in the heart of McAllen! El Cazador Apartments is a well-maintained 10-unit multifamily property ideally located behind the iconic PNC Tower, with convenient access to major employers, shopping, dining, and entertainment. The property offers a desirable mix of 4 studios, 4 one-bedroom/one-bath units, and 2 two-bedroom/1.5-bath units. Four units have been fully renovated, while the remaining units have been updated, offering additional upside. Many tenants have occupied the property for 5+ years, providing stable occupancy and reliable cash flow. Individually metered electric service keeps operating costs low, making this a turnkey investment with immediate income and long-term appreciation potential.
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Additional Information
- Area
- Mcallen
- Subdivision
- El Cazador
- Taxes
- $11,289
- Stories
- 2
- Interior Features
- Ceiling Fan(s), Microwave, Walk-In Closet(s)
- Amenities
- Other, Street Lights
- Exterior Features
- Balcony, Mature Trees, Sprinkler System
- Heating
- Central
- Cooling
- Central Air, Wall Unit(s)
- Sewer
- City Sewer
- School District
- McAllen ISD
- Elementary School
- Milam
- Middle School
- Cathey
- High School
- McAllen H.S.
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Listing courtesy of Ty Saenz with Veale Properties