CLOSED: Studios on 4th
McAllen, TX
In McAllen, TX, a quick 30-minute drive from Matamoros, stands Studios on 4th—a single-story complex with 29 converted units. Addressing affordable housing needs in southeast Texas, it combines a serene neighborhood vibe with city access, linking cultural experiences and economic prospects in Matamoros.
Designed for budget-friendly quality living, Studios on 4th suits professionals and families. The 29-unit conversion emphasizes commitment to affordable housing, fostering community amid McAllen’s dynamic cultural scene.
KEY INFORMATION
Internal Rate of Return
0
%
Accredited Only
$100K
Initial Investment
3-5 Years
Hold Period
10%
Preferred Return
$90K
Exit Price per door
1.7X
Equity Multiple
85LP/15GP
Profit Split
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