2504-2606 M Rd Edinburg, TX 78542
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 2504-2606 M Rd
- Year built
- 2003
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents a fully leased, ten-unit apartment building situated in the thriving city of Edinburg, Texas. Built in 2003, the property comprises two buildings situated on a substantial 39,204 square foot lot, offering ample space for residents and potential future expansion. The complex boasts ten two-bedroom, one-bathroom units, each equipped with a refrigerator and stove. Resident convenience is further enhanced by an on-site laundry facility. Each apartment includes two designated parking spaces. A thoughtfully designed courtyard provides a welcoming outdoor area for tenants. The strong rental history and current 100% occupancy rate demonstrate the property's consistent performance within Edinburg's robust rental market. Edinburg's strategic location, near educational institutions, healthcare facilities, and employment centers, ensures a consistently high demand for rental units. This property offers a compelling investment opportunity in a dynamic and growing Texas city, presenting excellent potential for long-term growth and return. The asking price for this turnkey investment is $825,000. The property's address is 2504-2606 N M Road, Edinburg, TX 78542.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Edinburg
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.1337
- Latitude
- 26.3232