3704 Valeria Street Edinburg, TX 78541
Fully leased fourplex near UTRGV, restaurants, and shopping.
Property Features for 3704 Valeria Street
General Information
- Standard status
- Active
- Size
- 3,192 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2018
Listing office Imperio Real Estate LLC
Listing date Nov 11, 2023
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Imperio Real Estate LLC
Investment Insights
Based on property information with market context.
Key Highlights
- 100% leased fourplex providing immediate rental income.
- Each unit features 2 bedrooms and 2 bathrooms.
- Minutes away from UTRGV, restaurants, shopping centers, and businesses.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.0k | $13.80 |
| − Vacancy | −$1.2k | −$0.38 |
| EGI | $42.8k | $13.42 |
| − OpEx | −$12.9k | −$4.03 |
| NOI | $30.0k | $9.39 |
