Property summary
This exceptional investment opportunity presents a well-maintained six-unit apartment building situated on a desirable corner lot in Edinburg, Texas. The property, built in 2001, comprises two buildings encompassing a total of six units, all currently occupied, providing immediate and consistent income generation. Located near the University of Texas Rio Grande Valley (UTRGV), restaurants, and other amenities, this property benefits from a prime location with high demand for rental units. The expansive lot size of 10,798.96 square feet offers potential for future expansion or development. The asking price for this turnkey investment is $389,000. This multifamily property represents a strong addition to any investment portfolio, offering both immediate return and long-term growth potential. The property's current occupancy rate ensures a stable cash flow, minimizing vacancy risks. The convenient location near UTRGV further enhances its appeal to a wide range of tenants. This is a rare opportunity to acquire a well-maintained, income-producing property in a thriving Texas market. Serious inquiries are encouraged to explore this lucrative investment prospect.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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