10-Unit Multifamily in Edinburg, TX
TX · listed Sep 6, 2024 (782 days)
- $/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.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
| Edinburg, TX NewStabilized | $2.5M | $89K$89K | — |
| Edinburg, TX NewOwner financingStabilized | $1.75M | $70K$70K | — |
Edinburg, TXStabilized | $1.46M | $121K$121K | — |
Stabilized | $895K | $112K$112K | — |
| $860K | $108K$108K | — | |
| $690K | $115K$115K | — |
