1 / 220-Unit Multifamily in Edinburg, TX
Hidalgo County, TX · listed Nov 6, 2024 (721 days)
- $/unit
- $82,250
- ▼ 11% vs TX · 41st pct
- Cap rate
- —
- Gross yield
- —
- Units
- 20
- 5 bldg · 1993
Financials
- Asking price
- $1,645,000
- Price per unit
- $82,250
- Price per sq ft
- $117
- 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
- 20
- Unit mix
- five well-maintained 4-plexes, each boasting 1 bedroom and 1 bathroom
- Buildings
- 5
- Year built
- 1993
- Building size
- 14,025 sq ft
- Avg unit size
- 701 sq ft
- Lot size
- 1.08 acres
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Nov 6, 2024
- Days on market
- 721 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1363
About this property
20 Units calling all investors! This exceptional listing features five well-maintained 4-plexes, each boasting 1 bedroom and 1 bathroom, with just over 700 square feet of living space. Situated in the heart of Edinburg, these properties are strategically located near the intersection of Sugar Rd. and Sprague, offering easy access to UTRGV, a variety of shopping and dining options on University Dr., and recreational facilities at Edinburg Bicentennial Park. This investment opportunity is perfect for capitalizing on the strong demand for housing in this vibrant area. The proximity to UTRGV also makes these 4-plexes an attractive option for college students, ensuring consistent occupancy and rental income. Don’t miss out on this prime investment opportunity in a thriving community!
Multifamily | 20 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Edinburg, TXStabilized | $815K | $102K$102K | — |
 Edinburg, TXNew | $1.2M | $150K$150K | 7.9% |
 Edinburg, TX | $1.65M | $75K$75K | — |
 Edinburg, TXStabilized | $1.15M | $96K$96K | — |
 Edinburg, TX▼ 6% cutOwner financingStabilized | $1.65M | $66K$66K | — |
 Edinburg, TXStabilized | $650K | $81K$81K | — |