MULTIFAMILYRADAR
11-Unit Multifamily in Edinburg, TX, photo 11 / 25
Value-add
$1,750,000

11-Unit Multifamily in Edinburg, TX

Hidalgo County, TX · listed Nov 24, 2025 (337 days)

Price per unit compared
This property$159K
Within ~40 mi (160)$88K
Texas median (1,029)$100K
$/unit
$159,091
▲ 59% vs TX · 78th pct
Cap rate
6.9%
▼ 0.4 pts vs TX median
NOI
$121K
$10,973/unit/yr
Units
11
1 bldg · 2018

Financials

Asking price
$1,750,000
Price per unit
$159,091
Price per sq ft
$84
Gross rent / year
Not stated
Net operating income
$120,705
NOI per unit
$10,973
Cap rate
6.9%
Gross yield
Not stated
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
11
Unit mix
Not stated
Buildings
1
Year built
2018
Building size
20,805 sq ft
Avg unit size
1,891 sq ft
Lot size
0.59 acres
Condition
Value-add

Deal terms

Owner financing
Not stated

Listing

Listed
Nov 24, 2025
Days on market
337 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1876

About this property

Positioned along the rapidly growing South Sugar corridor in Edinburg, this three-story townhome-style multifamily property presents a rare opportunity to acquire a differentiated asset in a submarket dominated by conventional one-story fourplexes.

Unlike surrounding inventory, (address on request) Rd offers vertical, townhouse-style units that appeal to a higher-quality tenant profile seeking privacy, separation of space, and a single-family home feel within a rental format. This design advantage creates a clear path to rent premiums and long-term tenant retention.

While current financials may not reflect stabilized performance, the opportunity lies in repositioning rents to market levels and capitalizing on the property’s unique product type, strong location, and limited direct competition.

Located near major thoroughfares, retail corridors, and employment drivers, the asset benefits from continued population growth and housing demand in the Edinburg/McAllen MSA.

This is not a commodity multifamily deal—it is a strategic acquisition for investors seeking upside through differentiation rather than competing on cap rate alone.

Rare Townhome-Style Multifamily Asset | Edinburg, TX

Highlights

Irreplaceable Product Type

Three-story townhome-style units in a market saturated with single-story fourplexes

Clear Rental Upside

Layout and design support higher rents vs. traditional units with proper repositioning

Tenant Profile Upgrade Potential

Appeals to renters seeking a home-like environment, not typical apartment living

Limited Direct Competition

No comparable inventory nearby offering similar vertical living product

Strategic Location

High-visibility corridor with proximity to employment, retail, and commuter routes

Value-Add Without Heavy Renovation

Upside driven primarily by rent optimization and management strategy, not major capex

Location

Approximate area. The exact address is shared on request.

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