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Property profile & analytics
FOR SALE
Small apartment buildings

1818 Jason Ave Edinburg, TX 78539

Built 1993
Property ID
US83-3425079
Property summary
AI-generated overview

This exceptional investment opportunity presents a four-unit apartment building located at 1818 Jason Avenue in Edinburg, Texas, 78539. Built in 1993, this property offers a compelling return on investment. The building comprises four units, each featuring two bedrooms and one bathroom. Each unit is equipped with a washer, dryer, refrigerator, and stove, enhancing tenant appeal. The property's prime location offers convenient access to the University of Texas Rio Grande Valley (UTRGV), a variety of shopping and dining options, fitness centers, and is directly across from a skate park, splash pad, and baseball field. Currently, all four units are occupied, generating immediate rental income. Showings require advance scheduling and pre-approval letters. It's important to note that the seller is also listing two other four-plexes (1820 Jason Ave and 1902 Jason Ave) and the sale of this property is contingent upon the simultaneous sale of all three properties as a single transaction. The asking price for this specific property is $349,000. This is a rare chance to acquire a well-situated multifamily property with strong rental potential in a thriving Texas community.

Property profile
Verified
Property type Small apartment buildings
Year built 1993
UPID US83-3425079
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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