1820 Jason Ave Edinburg, TX 78539

Property Details for 1820 Jason Ave

Year built

1993

Property type

Small apartment buildings

Description

This exceptional investment opportunity presents a four-unit apartment building ideally situated in Edinburg, Texas. Built in 1993, this property boasts a prime location, offering convenient access to the University of Texas Rio Grande Valley (UTRGV), a variety of shopping centers, restaurants, fitness facilities, and recreational amenities. The property is directly across the street from a skate park, splash pad, and baseball field, enhancing its appeal and potential rental income. Each of the four units features two bedrooms and one bathroom, and comes equipped with a washer, dryer, refrigerator, and stove, adding to their desirability. Currently, all four units are occupied, generating consistent rental income. Showings require advance scheduling and pre-approval letters due to the high occupancy rate. It's important to note that the sale of this property is contingent upon the simultaneous sale of two other four-plexes located at 1818 Jason Ave and 1902 Jason Ave. The asking price for this specific property is $349,000. This represents a compelling investment opportunity in a thriving Texas market. The property's strong location, existing tenant base, and included appliances make it an attractive prospect for investors seeking stable returns.