Edinburg Fourplex: Investment Opportunity

201 W St. Helena Avenue, Edinburg, TX 78541

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For Sale

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New construction fourplex in Edinburg near UTRGV.

Type:Multifamily

Property size:

4,114 SF

Price / SF:

$125/SF

HighLights

Income‑generating fourplex with a mix of 2‑bedroom/2‑bath and 3‑bedroom/2‑bath units.
Almost new construction (built in 2022).
FHA‑eligible due to one vacant unit.
Desirable location near UTRGV, shopping, restaurants, and hospital.
Modern features including open concept living spaces, quartz countertops, ceramic tile floors, and modern fixtures.
Carport spaces, private fencing, and landscaping.

We can help!

Listing Contact

Avinaash Buxani

Learn more

For Sale

Contact for pricing

New construction fourplex in Edinburg near UTRGV.

Type:Multifamily

Property size:

4,114 SF

Price / SF:

$125/SF

Added:: Mar 16, 2024
Days on Market:: 819
Last Refresh:: May 12 at 8:40 pm

Property Features for 201 W St. Helena Avenue

General Information

Standard status: Active
Size: 4,114 SF
Property subtype: Multifamily

Building Details

Year Built: 2022

We can help!

Listing Contact

Avinaash Buxani

Listing agent Avinaash Buxani License #TREC # 0712106

Listing office Encore Fine Properties

Listing date Mar 16, 2024

Source Crexi

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 Encore Fine Properties

HighLights

Income‑generating fourplex with a mix of 2‑bedroom/2‑bath and 3‑bedroom/2‑bath units.
Almost new construction (built in 2022).
FHA‑eligible due to one vacant unit.
Desirable location near UTRGV, shopping, restaurants, and hospital.
Modern features including open concept living spaces, quartz countertops, ceramic tile floors, and modern fixtures.
Carport spaces, private fencing, and landscaping.

Overview

This almost new construction fourplex in Edinburg, Texas, presents a great investment opportunity. The income-generating property features two units with 2 bedrooms and 2 bathrooms, and two units with 3 bedrooms and 2 bathrooms. The units feature an open concept with a living room space, a kitchen with quartz countertops, ceramic tile floors, and modern fixtures. The bedrooms are spacious. Carport spaces, private fencing, and landscaping are included. The property is located near UTRGV, shopping, restaurants, and a hospital. The Edinburg courthouse is nearby. One unit is currently vacant, making the property FHA-eligible. The property size is 4,114 square feet.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$56.8k	$13.80
− Vacancy	−$1.6k	−$0.38
EGI	$55.2k	$13.42
− OpEx	−$16.6k	−$4.03
NOI	$38.6k	$9.39

4,114 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$552.1K

$483.1K – $644.1K (±1% cap)

NOI $38,648 @ 7.0% cap · market cap 7.50%

Second Best

Apartment 5plus

$493.4K

$431.7K – $575.6K (±1% cap)

NOI $34,538 @ 7.0% cap · market cap 6.71%

Theoretical Best

Office A

$1.07M

$934.0K – $1.25M (±1% cap)

NOI $74,723 @ 7.0% cap · market cap 14.51%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Quadplexes

Map

City: Edinburg
County: Hidalgo
State: Texas
Longitude: -98.1388
Latitude: 26.3673

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For sale
Quadplexes
TX
Edinburg
78541
201 W St. Helena Avenue

What type of property is this?

Quadplex - New construction fourplex in Edinburg near UTRGV.

Where is this quadplex located?

The property is located at 201 W St. Helena Avenue Edinburg, TX.

What is the asking price?

The asking price for this property is $515,000.

What are key features of this property?

This property features: Income‑generating fourplex with a mix of 2‑bedroom/2‑bath and 3‑bedroom/2‑bath units.; Almost new construction (built in 2022).; FHA‑eligible due to one vacant unit.