1 / 210-Unit Multifamily in Elsa, TX
Hidalgo County, TX · listed Dec 5, 2023 (1,058 days)
- $/unit
- $95,000
- ▲ 3% vs TX · 52nd pct
- Cap rate
- —
- Gross yield
- —
- Units
- 10
- 5 bldg · 2020
Financials
- Asking price
- $950,000
- Price per unit
- $95,000
- Price per sq ft
- $93
- 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
- 5 units with 3 bedrooms and 2 bathrooms and 5 units with 2 bedrooms and 2 bathrooms
- Buildings
- 5
- Year built
- 2020
- Building size
- 10,225 sq ft
- Avg unit size
- 1,023 sq ft
- Lot size
- Not stated
- Condition
- New construction
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Dec 5, 2023
- Days on market
- 1,058 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 2078
About this property
Just minutes away from the University of Texas Rio Grande Valley (UTRGV) lies a great multiunit opportunity awaiting astute investors. This newly completed development offers a total of ten units, offering accommodations tailored to meet the needs of students, faculty, and professionals alike. Five buildings with 2 units per building, 5 units are three bedrooms and two bathrooms, and 5 units are two bedrooms and two bathrooms. This property is primed for immediate occupancy and rental income generation. With its modern design, and convenient proximity to UTRGV, this development represents an ideal investment opportunity in the growing market of Elsa, Texas. Great location, mere minutes from UTRGV ensures a steady stream of potential tenants seeking housing options. Whether targeting students, faculty, or young professionals, the demand for well-appointed rental units in this growing area is undeniable. All units are ready for occupancy. Don't miss this great Investment opportunity!
Multifamily | 10 Units
Location
Approximate area. The exact address is shared on request.
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