Four-Unit Multifamily
For Sale
$460,000
3801 Whitewing Ave, Edinburg, TX 78539
Four-unit multifamily asset totaling 3,940 SF, offered for sale at 3801 Whitewing Ave.
Property Size3,940 SF
Price / SF$116.75
Days on Market141
Property Features for 3801 Whitewing Ave
General Information
Standard status
Active
Size
3,940 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
4
Building Details
Year Built
2018
Listing Agency:
Global Realty
Listed By:
Dean Chan
(956) 627-3662
Source:
Aregtx
Added: Jun 17
Changed: Oct 25
Last Checked: Oct 7 at 4:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Global Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale multifamily property consists of four units in a single quadplex-style configuration. The building totals 3,940 SF, providing a compact income-focused footprint for an owner-operator or investor seeking a small multi-family asset.
The property is located at 3801 Whitewing Ave in Edinburg, Texas (78539). The listing information identifies it as a four-unit multifamily property, which can simplify oversight compared with larger apartment complexes.
With four residential units, this asset may suit buyers looking for a manageable number of tenants within one building. Prospective tenants and operators can evaluate unit-by-unit space and layout, while buyers can underwrite the property based on its existing structure and total size of 3,940 SF. As with any residential income purchase, buyers should review current operating details and lease terms as part of their due diligence, including how the units are configured within the overall building area.
The property is located at 3801 Whitewing Ave in Edinburg, Texas (78539). The listing information identifies it as a four-unit multifamily property, which can simplify oversight compared with larger apartment complexes.
With four residential units, this asset may suit buyers looking for a manageable number of tenants within one building. Prospective tenants and operators can evaluate unit-by-unit space and layout, while buyers can underwrite the property based on its existing structure and total size of 3,940 SF. As with any residential income purchase, buyers should review current operating details and lease terms as part of their due diligence, including how the units are configured within the overall building area.
Key Highlights
- Four‑unit multifamily property
- Total building size: 3,940 SF
- Built in 2018
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,014
Cap Rate
8.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$740,280
$740.3K
Cap Rate 7%
$528,771
$528.8K
Cap Rate 9%
$411,267
$411.3K
Market Conditions
NOI Build-Up for 3,940 SF
Gross rent
$54.4K $13.80/SF
− Vacancy
−$1.5K −$0.38/SF
EGI
$52.9K $13.42/SF
− OpEx
−$15.9K −$4.03/SF
NOI
$37.0K $9.39/SF
Area
Edinburg, TX
Vacancy
2.75%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$740,280
Cap Rate 7%
$528,771
Cap Rate 9%
$411,267
Alternative Uses
Best Use
Multifamily LT 5
$528.8K
$462.7K – $616.9K
NOI $37,014 @ 7.0% cap · market cap 8.05%
Second Best
Apartment 5plus
$472.5K
$413.5K – $551.3K
NOI $33,077 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$1.02M
$894.5K – $1.19M
NOI $71,563 @ 7.0% cap · market cap 15.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
369
Businesses Nearby
Explore this area
Business Placement
Demographics for 78539, TX
37,686
Population
15,759
Households
2.4
Avg Household Size
34
Median Age
37%
College-Educated
84%
High-School Grad
12.2 sq mi
ZIP Area
3,089
Density / Sq Mi
$64,864
Median Household Income
$38,413
Median Earnings
$1,034
Median Rent
$198,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit multifamily asset totaling 3,940 SF, offered for sale at 3801 Whitewing Ave.
Where is this quadplex located?
The property is located at 3801 Whitewing Ave Edinburg, TX.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Four‑unit multifamily property; Total building size: 3,940 SF; Built in 2018
