11003 N 36th Lane
Property Description
Exceptional income-producing opportunity in North McAllen! This well-constructed sixplex offers strong, diversified cash flow potential in a high-demand rental market. Five long-term rental units, one unit operating as a short-term rental (Airbnb), generating approximately $1,500/month, providing an immediate value-add component and increased revenue flexibility. All units are fully equipped with in-unit washer and dryer, stove, refrigerator, and microwave hood-an attractive feature that supports higher rental rates and tenant retention while minimizing future capital expenditures. Each unit includes a private patio with grass and sprinkler system, enhancing tenant appeal and overall property desirability. Rear alley access with 11 parking spaces ensures ample parking, a key factor for tenant satisfaction and occupancy stability. low maintenance finishes, and strong rental demand in N McAllen, ideal turnkey property with immediate income and long-term appreciation potential.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $720,000 |
| No. of Units: | 6 |
| Year Built: | 2023 |
| Lot Size: | 5,901.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $120,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-GMARTX-501168
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