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    2413 Mojave St Edinburg, TX 78541

    Sponsored
    For Sale
    $625,000

    Brand new, four-unit apartment building in prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional investment opportunity presents a newly constructed, four-unit apartment building situated on a spacious 11,903.21 square foot lot in Edinburg, Texas. Built in 2022, this property consists of two buildings, offering a total of four rental units. Its strategic location provides convenient access to the University of Texas Rio Grande Valley (UTRGV), enhancing its appeal to students and faculty. The property's proximity to major retailers like Walmart, along with nearby emergency and dental care facilities, and various dining options, further strengthens its desirability. The convenient access to Highway 281 ensures easy commuting and travel. This multifamily property offers a compelling investment prospect with significant potential for rental income and a strong return on investment. The asking price for this turnkey operation is $625,000. This is a rare opportunity to acquire a modern, well-located apartment complex in a thriving Texas market. The property's recent construction minimizes maintenance needs and maximizes potential rental income. Don't miss this chance to secure a profitable addition to your investment portfolio.

    Property Features for 2413 Mojave St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    2022
    Buildings
    2
    Units
    4

    HighLights

    • $625,000 asking price.
    • Four‑unit multifamily apartment building (duplex/triplex/quadruplex).
    • Built in 2022.
    • Two buildings on an 11,903.21 sq ft lot.
    • Located at 2413 N Mojave Street, Edinburg, TX 78541.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Map

    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1808081
    Latitude
    26.3286015

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    FAQs

    What type of property is this?
    Multifamily property - Brand new, four-unit apartment building in prime location.
    Where is this multifamily property located?
    The property is located at 2413 Mojave St Edinburg, TX.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: $625,000 asking price.; Four-unit multifamily apartment building (duplex/triplex/quadruplex).; Built in 2022.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2413 Mojave St Edinburg, TX 78541
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