1 / 66-Unit Multifamily in Edinburg, TX
Hidalgo County, TX · listed Apr 23, 2024 (918 days)
- $/unit
- $82,500
- ▼ 17% vs TX · 34th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 6
- 2 bldg · 1976
Financials
- Asking price
- $495,000
- Price per unit
- $82,500
- Price per sq ft
- Not stated
- 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
- 6
- Unit mix
- five spacious two-bedroom and one-bath units and one one-bedroom and one-bath unit
- Buildings
- 2
- Year built
- 1976
- Building size
- Not stated
- Avg unit size
- Not stated
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Apr 23, 2024
- Days on market
- 918 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1518
About this property
This multi-family property is located in a prime location! The unit mix includes five spacious two-bedroom and one-bath units and one one-bedroom and one-bath unit, providing comfortable living spaces for all tenants. Even though this property is older, it is structurally sound and in great shape. The owner has made some minor improvements, and there is an extensive potential to raise rents to market value. The location is prime, situated on a main road, centrally located, and close to UTRGV, shopping centers, restaurants, and more. This is an excellent opportunity for investors looking for a solid investment with great potential for increased returns. Don't miss out on this chance to own a valuable multi-family property in a highly desirable location. Schedule your viewing today!
Multifamily | 6 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Edinburg, TX▼ 2% cutStabilized | $600K | $100K$100K | 9.9%gy |
Edinburg, TX | $965K | $193K$193K | — |
Edinburg, TXStabilized | $500K | $63K$63K | — |
Edinburg, TXStabilized | $400K | $50K$50K | — |
Edinburg, TXValue-add | $1.75M | $159K$159K | 6.9% |
Donna, TXStabilized | $1.6M | $76K$76K | 7.6% |





