MULTIFAMILYRADAR
22-Unit Multifamily in Edinburg, TX, photo 11 / 2
$1,650,000

22-Unit Multifamily in Edinburg, TX

Hidalgo County, TX · listed Nov 30, 2023 (1,063 days)

Price per unit compared
This property$75K
Within ~40 mi (203)$83K
Texas median (1,196)$92K
$/unit
$75,000
▼ 19% vs TX · 36th pct
Cap rate
—
 
Gross yield
—
 
Units
22
2 bldg · 2003

Financials

Asking price
$1,650,000
Price per unit
$75,000
Price per sq ft
$100
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
22
Unit mix
Not stated
Buildings
2
Year built
2003
Building size
16,506 sq ft
Avg unit size
750 sq ft
Lot size
0.76 acres
Condition
Not stated

Deal terms

Owner financing
Not stated

Listing

Listed
Nov 30, 2023
Days on market
1,063 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1013

About this property

Take a look at this amazing 22-unit apartment complex located in the heart of Edinburg, Tx. This investment presents an exceptional opportunity for steady income with minimal risk. This property is only a couple of minutes from The University of Texas Rio Grande Valley, stores, restaurants and more making it a prime location for a multifamily. This apartment complex also features a roof less than 6 months old and 18 remodeled units. Each unit includes 2 Bedrooms and 1 Bath as well as a refrigerator and stove. This investment property is priced to sell, take advantage of this incredible opportunity.

Multifamily | 22 Units

Location

Approximate area. The exact address is shared on request.

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