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Well-Maintained Fourplex Near UTRGV

2100 Aruba Drive, Edinburg, TX 78541

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For Sale

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Four fully occupied units near UTRGV, great investment opportunity.

Type:Multifamily

Property size:

3,660 SF

Price / SF:

$105/SF

HighLights

Fully occupied fourplex provides immediate and consistent rental income.
Each unit features 2 bedrooms and 2 full bathrooms, offering spacious living.
Prime location near UTRGV, shopping, dining, parks, and major highways.
Strong long‑term investment potential in a highly desirable area.
Well‑maintained property built in 2004.
Steady tenant demand due to the desirable location.

We can help!

Listing Contact

misael Blanco

For Sale

Contact for pricing

Four fully occupied units near UTRGV, great investment opportunity.

Type:Multifamily

Property size:

3,660 SF

Price / SF:

$105/SF

Added:: Aug 13, 2024
Days on Market:: 678
Last Refresh:: May 13 at 8:20 pm

Property Features for 2100 Aruba Drive

General Information

Standard status: Active
Size: 3,660 SF
Property subtype: Multifamily

Building Details

Year Built: 2004

We can help!

Listing Contact

misael Blanco

Listing agent misael Blanco License #tx 725346

Listing office EXP Realty, LLC

Listing date Aug 13, 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 EXP Realty, LLC

HighLights

Fully occupied fourplex provides immediate and consistent rental income.
Each unit features 2 bedrooms and 2 full bathrooms, offering spacious living.
Prime location near UTRGV, shopping, dining, parks, and major highways.
Strong long‑term investment potential in a highly desirable area.
Well‑maintained property built in 2004.
Steady tenant demand due to the desirable location.

Overview

This fourplex presents an investment opportunity with immediate rental income and long-term potential. The property contains four units, each featuring 2 bedrooms and 2 full bathrooms. The units are fully occupied, providing consistent cash flow. The property is located near UTRGV and is close to shopping, dining, parks, and major highways. The property size is 3660 square feet.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$50.5k	$13.80
− Vacancy	−$1.4k	−$0.38
EGI	$49.1k	$13.42
− OpEx	−$14.7k	−$4.03
NOI	$34.4k	$9.39

3,660 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$491.2K

$429.8K – $573.1K (±1% cap)

NOI $34,383 @ 7.0% cap · market cap 8.93%

Second Best

Apartment 5plus

$439.0K

$384.1K – $512.1K (±1% cap)

NOI $30,727 @ 7.0% cap · market cap 7.98%

Theoretical Best

Office A

$949.7K

$831.0K – $1.11M (±1% cap)

NOI $66,477 @ 7.0% cap · market cap 17.27%

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

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Edinburg
County: Hidalgo
State: Texas
Longitude: -98.185708
Latitude: 26.3256951

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For sale
Quadplexes
TX
Edinburg
78541
2100 Aruba Drive

What type of property is this?

Quadplex - Four fully occupied units near UTRGV, great investment opportunity.

Where is this quadplex located?

The property is located at 2100 Aruba Drive Edinburg, TX.

What is the asking price?

The asking price for this property is $385,000.

What are key features of this property?

This property features: Fully occupied fourplex provides immediate and consistent rental income.; Each unit features 2 bedrooms and 2 full bathrooms, offering spacious living.; Prime location near UTRGV, shopping, dining, parks, and major highways.