2206 Kimberly Ln Edinburg, TX 78539
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 2206 Kimberly Ln
- Year built
- 1999
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a well-maintained four-unit apartment building located at 2206 Kimberly Lane, Edinburg, TX 78539. The property, built in 1999, sits on a substantial 10,579.85 square foot lot and offers a total of 3,640 square feet of living space, currently fully leased and generating immediate rental income. The building boasts a recently remodeled roof, ensuring long-term durability and protection. Both the interior and exterior have been freshly painted, enhancing curb appeal and tenant attraction. This four-plex is strategically positioned near the University of Texas Rio Grande Valley (UTRGV), providing a strong tenant pool and contributing to the property's high occupancy potential and long-term value. The asking price for this turnkey investment is $375,000. This property represents a compelling opportunity for investors seeking a stable, income-producing asset in a desirable location. The property consists of one building and is classified as a multifamily apartment building, specifically a duplex/triplex/quadruplex. Its location in Hidalgo County offers convenient access to local amenities and the university.
Value Estimation
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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
- -98.1884949
- Latitude
- 26.268255
