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Property profile

2615 Hoehn Rd Edinburg, TX 78541

OFF-MARKET
Apartment buildings
Property ID
US82-1752613
Built 1974
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Property summary

AI-generated overview

This exceptional investment opportunity presents a four-unit apartment building located at 2615 N Hoehn Road N, Edinburg, Texas, 78541. Built in 1974, this property sits on a substantial 22,651.2 square foot lot. The asking price is $255,000. The property consists of one building housing four apartment units, making it an ideal investment for those seeking a multifamily property in a desirable location. Its proximity to the University of Texas Rio Grande Valley (UTRGV) and Texas A&M University campuses offers significant potential for rental income due to high student demand. The property's size and location provide a strong foundation for a stable and potentially lucrative investment. The 1974 construction date presents opportunities for renovation and value enhancement, allowing for increased rental income and return on investment. This property is situated in Hidalgo County, Texas, offering a strategic location within a growing community. Serious investors are encouraged to explore this promising opportunity. The property's substantial lot size also offers potential for future expansion or development, depending on local zoning regulations. This multifamily property is a compelling investment prospect in a thriving Texas market.

Property profile

Verified
Property type Apartment buildings
Year built 1974
UPID US82-1752613

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2615 Hoehn Rd Edinburg, TX 78541
Edinburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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