MULTIFAMILYRADAR
10-Unit Multifamily in Edinburg, TX, photo 1
Stabilized
$600,000

10-Unit Multifamily in Edinburg, TX

TX · listed Sep 6, 2024 (782 days)

Price per unit compared
This property$60K
Within ~40 mi (209)$83K
Texas median (1,196)$92K
$/unit
$60,000
▼ 35% vs TX · 23rd pct
Cap rate
—
 
Gross yield
—
 
Units
10
3 bldg · 2003

Financials

Asking price
$600,000
Price per unit
$60,000
Price per sq ft
$71
Gross rent / year
Not stated
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
Not stated
Gross yield
Not stated
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
10
Unit mix
10, 2-bedroom and 1-bath units
Buildings
3
Year built
2003
Building size
8,400 sq ft
Avg unit size
840 sq ft
Lot size
0.9 acres
Condition
Stabilized

Deal terms

Owner financing
Not stated

Listing

Listed
Sep 6, 2024
Days on market
782 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1420

About this property

Introducing a great investment opportunity in Edinburg, TX! The property has a strong rental history with a high occupancy rate. The complex consists of 10, 2-bedroom and 1-bath units. Each unit comes equipped with refrigerator and stove and there is an on-site laundry facility for residents. There are also 2 designated parking spaces per apartment. A small courtyard area provides a relaxing outdoor space for tenants to enjoy, enhancing the community feel of the complex. Edinburg is a growing city with a robust rental market, driven by its proximity to educational institutions, helathcare facilities, and employment opportunities. Don't miss the chance to invest in a thriving community with excellent growth potential. Schedule a viewing today and explore the possibilties this apartment complex has to offer!

Multifamily | 10 Units

Location

Approximate area. The exact address is shared on request.

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