MULTIFAMILYRADAR
6-Unit Multifamily in Edinburg, TX, photo 11 / 6
Value-add
$495,000

6-Unit Multifamily in Edinburg, TX

Hidalgo County, TX · listed Apr 23, 2024 (918 days)

Price per unit compared
This property$83K
Within ~40 mi (158)$88K
Texas median (1,029)$100K
$/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.

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