Property summary
Exceptional investment opportunity: a brand-new, four-unit apartment building located at 822 N Blair Avenue, Edinburg, TX 78541. This Class B property, completed in 2024, boasts a desirable 7.83% cap rate and is priced at $529,900. Situated within the gated Atwood Estates community, this fourplex offers a blend of luxury and convenience. The two buildings sit on an 8,799 square foot lot and feature a mix of three-bedroom, two-bathroom and two-bedroom, two-bathroom units. Each unit includes high-end finishes such as custom-built cabinets, recessed ceilings, and stainless steel appliances (refrigerator, microwave, washer, and dryer). Window coverings are also included. Residents enjoy ample covered parking (eight spaces total) and private yard space. The property's prime location offers easy access to the downtown business district, the University of Texas Rio Grande Valley campus (approximately 10 minutes away), quality schools, and a variety of amenities including coffee shops, supermarkets, restaurants, and entertainment venues. This turnkey investment is ideal for discerning buyers seeking a high-return property in a thriving Texas market. The property is located in Hidalgo County.
Property profile
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6 recent transactions · within 1.5 miComparable in this City
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