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.

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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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Studios on 4th motel to Apartment Conversion

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