340 Eva St, Elsa, TX 78543

Property Details for 340 Eva St

Year built

2020

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

This exceptional 10-unit multifamily property, located at 340 Eva Street in Elsa, Texas, presents a compelling investment opportunity. Completed in 2020, the complex comprises five buildings, each housing two units. The property sits on a substantial 34,181.96 square foot lot and is ideally situated just minutes from the University of Texas Rio Grande Valley (UTRGV). The development consists of five three-bedroom, two-bathroom units and five two-bedroom, two-bathroom units, all designed to cater to the needs of students, faculty, and professionals. Its proximity to UTRGV ensures a consistent demand for rental units, making it an attractive prospect for immediate occupancy and rental income generation. The modern design and convenient location contribute to its strong potential for return on investment. All units are currently ready for occupancy, offering immediate cash flow. This turnkey investment in the thriving Elsa market represents a rare opportunity for astute investors seeking a high-yield property with significant upside potential. The asking price for this exceptional property is $985,947. The property's zip code is 78543, and it is located in Hidalgo County.

Location Insight

City

Elsa

County

Hidalgo

State

Texas

Longitude

-97.9963

Latitude

26.3085