For Sale
$2,900,0002.69 Acres
For Sale
18,200 sq ft

1001 E Owassa Road, Edinburg, TX 78542 - Hidalgo County

Residential
Static Google Map
Property ID 19217119

Apartment - Edinburg, TX

28 Units (14 Duplexes) ALL FULLY LEASED. 2017/2018 Build. Located on Owassa/Dove Edinburg Texas. 1 minute from Expressway 281. Minutes from major shopping centers, schools, and entertainment districts. In the heart of the fastest growing city in the McAllen-Edinburg-Mission Metropolitan area. 2023 Income was $253,150. NOI was $215,155.21. This is an investment that has already shown consistency in terms of rentability: as the units have been fully leased consistently, and vacancies do NOT last long. One missed month on other high priced out-of city units and you already lost your game plan. You are paying to not have that problem when you buy these. Safe bet. The area, excellent quality of builds, and sizing of interior space/room/layout make them the perfect units for a large pool of residents. Each building is in excellent condition. Updated roofs! Income producing. Ready to make you money! Appliances convey. Already a proven success!

Copyright © 2024 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Location

J

Javier Garza Jr.

Encore Fine Properties
(956) 821-6170

Message

Javier Garza Jr.

Encore Fine Properties