928 French Ave McAllen, TX 78504

Property Details for 928 French Ave

Year built

2004

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

This exceptional multifamily investment opportunity presents a well-maintained four-unit apartment building situated on a substantial 10,585.08 square foot lot in Edinburg, Texas. Constructed in 2004, the property comprises two buildings, offering a total of four units. Its prime location places it just two blocks from the University of Texas Rio Grande Valley, ensuring consistent rental demand from students. The property also benefits from its close proximity to key amenities, including the Hidalgo County Courthouse, various hospitals, business centers, medical facilities, shopping centers, and retail establishments. This strategic location provides excellent accessibility and convenience for residents. The asking price for this attractive investment is $395,000. The property's strong location and solid construction make it an ideal addition to any investor's portfolio, promising a stable and potentially lucrative return on investment. The property's age and condition suggest minimal immediate capital expenditure needs, further enhancing its appeal. This is a rare opportunity to acquire a well-positioned multifamily property in a thriving Texas market. Serious inquiries are encouraged.