This Multifamily Property is no longer advertised on LoopNet.com.

500 S Cynthia St
McAllen, TX 78501
500 N. Cynthia McAllen · Multifamily Property For Sale · 4 Units

Property Facts

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.19 AC
Building Size 3,985 SF
No. Stories 2
Year Built 2018
Parking Ratio 0.5/1,000 SF
Zoning Residential

About 500 S CYNTHIA ST , MCALLEN, TX 78501

Brand New Construction in the Heart of McAllen. McAllen is the 5th largest MSA in Texas and has a strong renter community. This project is closely located to Memorial High School and Expressway 82 (I2) and US Highway 281 (I69). Large Employers nearby include La Plaza Mall, Medical Medical Center, Rio Grande Regional Hospital and McAllen International Airport. Very little new construction has taken place in the multifamily sector in McAllen and such offers a great investment opportunity. See Comprehensive Housing Market Report here: https://www.huduser.gov/portal/publications/pdf/McAllenTX-comp-17.pdf

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 2 $800.00 900 - 950
3+2 2 $912.50 900 - 975

Property Taxes

Property Taxes

Parcel Number
C2674-00-000-0002-00
Land Assessment
$93,604
Improvements Assessment
$311,396
Total Assessment
$405,000
  • Listing ID: 12984075

  • Date on Market: 6/24/2018

  • Last Updated:

  • Address: 500 S Cynthia St, McAllen, TX 78501

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