McAllen Multifamily Portfolio6 Triplexes • 18 Units • $430K Per Triplex
Premium 18-unit triplex portfolio with seller carrying $300K second mortgage and rehab funds included in primary loan, enabling ultra-conservative 50.6% LTV with $1.27M value creation to $430K per triplex.
Massive equity cushion • Rehab funded • Zero cash to close • Seller partnership
Why This Deal Works for Lenders
Massive Equity Cushion
$1.27M cushion above $1.31M loan = 49% equity protection
Rehab Funds Included
Primary loan includes $106K rehab capital-borrower brings zero cash to close
Seller Validates Deal
$300K seller second mortgage demonstrates confidence in borrower and property value
Zero Cash to Close Structure
Primary loan includes rehab funds-borrower brings zero cash with seller partnership
Capital Stack Breakdown
Primary Loan Request (Purchase + Rehab)
$1.31M
$1.20M Purchase (80% LTV) + $106K Rehab Capital
LTV vs Total Cost:
81.3%
LTV vs $2.58M ARV:
50.6%
Equity Protection:
$1.27M
49% equity cushion above loan position
Seller Second Mortgage
$300K @ 6%
12 Month Term | Seller Confidence Signal
100% financed: Primary loan + Seller second
At 50.6% LTV vs $430K stabilized ARV per triplex, the first lien has $1.27M in equity protection-that's 49% cushion.
Downside Protection:
• Property values could drop 49% and loan still protected
• Even at current appraisal ($1.11M), loan fully covered
Primary loan includes $106K rehab budget, eliminating borrower cash requirement and ensuring immediate value-add execution across all 6 triplexes.
- Zero cash to close for borrower
- Rehab funded from day one
- Clear capital allocation for value-add
Seller providing $300K subordinate debt demonstrates genuine confidence in property fundamentals, borrower capability, and the $430K per triplex valuation.
6 Triplexes to $430K Each
Three addresses with two triplexes each targeting $430K per triplex through strategic improvements
PID 209431
2709 N 30th St
McAllen, TX 78501
Value Creation:
Per Triplex ARV:
$430K each
PID 209432
2713 N 30th St
McAllen, TX 78501
Value Creation:
Per Triplex ARV:
$430K each
PID 209444
2800 N 30th St
McAllen, TX 78501
Value Creation:
Per Triplex ARV:
$430K each
Portfolio-Wide Value Creation
Current Total Value
$1.11M
Value-Add Potential
+$1.47M
Post-Rehab ARV
$2.58M
Each of 6 triplexes reaches $430K through strategic cosmetic improvements
6 triplexes × $430K each = $2,580,000 stabilized portfolio value
Light Cosmetic Rehab Scope
$106K total budget (~$18K per triplex) for interior improvements driving to $430K ARV per triplex
Flooring Replacement
Modern, durable flooring throughout units increases appeal and supports premium rents across all 6 triplexes.
Kitchen & Fixture Upgrades
Updated countertops, fixtures, and hardware create contemporary look commanding higher rents in all units.
Interior Unit Painting
Fresh paint brightens units and enhances resident satisfaction for rent optimization portfolio-wide.
Exceptional Lender Protection
50.6% LTV with $1.27M equity cushion provides extraordinary downside protection
Value Progression
Current Appraisal
$1.11M
Value-Add Potential
+$1.47M
Lender Position Metrics
Downside Protection:
Property values could drop 49% from ARV and loan still fully covered
Investment Highlights
For The Lender
- Ultra-conservative 50.6% LTV based on $430K per triplex ARV
- $1.27M equity cushion = 49% downside protection
- Loan covered even at current $1.11M appraisal (no value-add needed)
- Primary loan includes rehab capital-execution risk minimized
- Seller $300K second validates property and borrower quality
- All 18 units stabilized and cash flowing from day one
For The Borrower
- Zero cash to close-100% financed deal
- Rehab capital included in primary loan
- Seller partnership via $300K second mortgage at 6%
- $1.27M value-add potential to $430K per triplex
- Immediate cash flow from 18 stabilized units
- Strong McAllen market with proven rental demand
Due Diligence Room
Complete documentation for underwriting and verification
Executed PSA
Purchase and Sale Agreement - Nov 1, 2025
Property Tax - Lot 31
PID 209431 | 2709 N 30th St
Property Tax - Lot 32
PID 209432 | 2713 N 30th St
Property Tax - Lot 44
PID 209444 | 2800 N 30th St
Rehab Costs - Property 1
2809 N 30ST McAllen
Rehab Costs - Property 2
2713 #B N 30ST McAllen
Rehab Costs - Property 3
2800 N 30ST McAllen
Rehab Costs - Property 4
2800 N 30ST McAllen
Rehab Costs - Property 5
2800 N 30ST McAllen
Rehab Costs - Property 6
2709 # B N 30ST McAllen
Ready to Fund This Exceptional Deal?
50.6% LTV, $1.27M equity cushion, rehab included, and seller partnership make this an extraordinarily safe lending opportunity
© 2025 - 5GK PROPERTIES LLC | McAllen Portfolio Lending Opportunity