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5600 Sandpiper ave
McAllen, TX 78504
5600 Sandpiper Ave. - Luxury Fourplex · Multifamily Property For Sale · 4 Units

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INVESTMENT HIGHLIGHTS

  • Wonderful Quiet gated community that is well kept, off the mail roads, Tenants LOVE this subdivision
  • All brick exterior, very low maintenance, large gated yards, small families love these, and stay longer becuase of the good schools nearby
  • Each unit has great lighting, open floor plan, and low maintenance surfaces

EXECUTIVE SUMMARY

Welcome to Shary Manor, located in one of the fastest growing Texas counties. This Fourplex is quality built, all Brick, Low maintenance exterior. And fully leased. The quality units have nice fenced backyards, Stainless Steel Kitchen appliances, and washer/dryer are included. These features are ones that Young professional couples, Young Families, and families relocating from out of state LOVE. This gated community is in the most desirable school district in the county! It is near parks, restaurants, colleges, hospitals and vast amount of medical and jobs. These units are professionally managed. Pics from one unit that used to be an AirBNB and a vacant unit that now has tenant. Please download the Offering Memorandum as it has greater detail about the product, the subdivision, and community details helping to show why the McAllen MSA is a good place to invest.

PROPERTY FACTS

Price Per Unit $131,250
Sale Type Investment
Cap Rate 7.14%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Building Size 4,166 SF
Average Occupancy 100%
No. Stories 1
Year Built 2022
Parking Ratio 1.92/1,000 SF
Zoning Multi-Family Residental - Multi-Family Residental Fourplex community

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Microwave
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Double Pane Windows
  • Lawn
  • Linen Closet
  • Large Bedrooms
  • Quartz Countertops

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Gated
  • Recycling
  • Private Bathroom
  • Walk-Up
  • Smoke Detector
  • Listing ID: 35333553

  • Date on Market: 4/1/2025

  • Last Updated:

  • Address: 5600 Sandpiper ave, McAllen, TX 78504

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