Property profile

2414 Mojave St Edinburg, TX 78541

OFF-MARKET
Apartment buildings
Built 2022
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Property summary

AI-generated overview

This exceptional investment opportunity presents a newly constructed, four-unit apartment building situated on a spacious 11,903.206 square foot lot in Edinburg, Texas. Built in 2022, the property comprises two buildings, offering a total of four rental units. Its strategic location provides convenient access to the University of Texas Rio Grande Valley (UTRGV), Walmart, emergency and dental care facilities, and a variety of restaurants. The property's proximity to Highway 281 ensures easy commuting. This turnkey investment offers significant potential for rental income and a strong return on investment. The asking price for this multifamily property is $625,000. The property's modern construction and desirable location make it an attractive option for investors seeking a stable and profitable venture in a growing Texas market. The two buildings offer a combined total of four units, providing a diversified income stream. The substantial lot size provides ample space and potential for future expansion or development. This is a rare opportunity to acquire a high-quality, recently constructed multifamily property in a thriving area with excellent access to major roadways and amenities. Don't miss this chance to secure a promising investment in the vibrant city of Edinburg.

Property profile

Verified
Property type Apartment buildings
Year built 2022

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2414 Mojave St Edinburg, TX 78541
Edinburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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