2104 Kimberly Ln Edinburg, TX 78541-3325

Property Details for 2104 Kimberly Ln

Year built

2001

Lot size

0.22 lot acres

Property size

4,288 SF

Zone code

RM

Property type

Apartment buildings

APN

B0310-01-000-0009-00

APU

B031001000000900

Description

This exceptional 5-unit apartment building presents a lucrative investment opportunity in Edinburg, Texas. Located at 2104 Kimberly Lane, 78541, this property boasts a desirable location near the University of Texas Rio Grande Valley (UTRGV), ensuring consistent tenant demand. Constructed in 2001, the single building sits on a spacious 9,431.17 square foot lot. The building comprises five units: one efficiency apartment with one bathroom, and four two-bedroom, one-and-a-half-bathroom units. Each unit is equipped with essential appliances, including a washer, dryer, refrigerator, and stove, enhancing tenant appeal and minimizing vacancy periods. The asking price for this multifamily property is $422,000. This turnkey investment offers immediate income potential and strong long-term growth prospects in a thriving Texas market. The property's proximity to UTRGV makes it particularly attractive to students and young professionals. This is a rare opportunity to acquire a well-maintained, income-generating asset in a high-demand area. The property's size and unit configuration provide a balanced mix of rental options, maximizing rental income and minimizing risk. Don't miss this chance to add a valuable asset to your investment portfolio.