3613 Faith Hill St Edinburg, TX 78539

Property Details for 3613 Faith Hill St

Year built

2004

Property type

Small apartment buildings

Description

This exceptional turn-key investment opportunity presents a four-unit apartment building ideally situated in Edinburg, Texas, at 3613 Faith Hill Street, zip code 78539. Built in 2004, this property boasts two buildings situated on a spacious 10,454.4 square foot lot. The property comprises four units, each featuring two bedrooms and two bathrooms. All units are equipped with appliances and allow pets, contributing to their high occupancy rate. The owner has maintained a consistent 8-year history of full occupancy, indicating strong rental demand. The neutral color palette and tile flooring create an inviting atmosphere appealing to a broad tenant base, including students, young professionals, and small families. The property's strategic location near UT-RGV, coupled with its proximity to restaurants, shopping centers, schools, and other commercial businesses, ensures sustained tenant interest and rental income. This property presents a compelling investment opportunity, particularly for those seeking a multi-unit property with a proven track record of success. The asking price for this property is $395,000. Consider the potential of acquiring additional similar fourplex units currently available from the same owner.