22-Unit Multifamily in Edinburg, TX
Hidalgo County, TX · listed Nov 30, 2023 (1,063 days)
- $/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.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
▼ 6% cutOwner financingStabilized | $1.65M | $66K$66K | — |
| $1.65M | $82K$82K | — | |
Stabilized | $815K | $102K$102K | — |
Edinburg, TXNew | $1.2M | $150K$150K | 7.9% |
Stabilized | $1.15M | $96K$96K | — |
Owner financingStabilized | $690K | $99K$99K | — |
