- For Sale $1,800,000
- Property Type Multi-Family
- Property Size 23,880 SF
- Units 32
- Lot Size 1.09 Acre
- Property Tenancy Multi-Tenant
- Year Built 1980
- Year Renovated 2021
- Date Updated Feb 5, 2025
Reach out to the broker for more info on lease terms and amenities
Highlights
- Under market rents allowing for rent increase
- Value add opportunity, allowing for further increased rent and cashflow after renovations
- Competitive 7.34% Cap Rate
- 6.25% interest rate, much lower than current rates offer for commercial loans
- Located in a growing city close to prominent university (UTRGV)
- Opportunity to build a laundry room for additional income
False
Contacts
Location
Getting Around
-
Walk Score ®
67/100
Somewhat Walkable
-
Bike Score ®
53/100
Bikeable
- City Edinburg, TX
- Zip Code 78541
- Market McAllen
Points of Interest
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107 Food Mart/Conoco
0.27 miles
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Valero
0.71 miles
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Exxon/El Tigre
0.75 miles
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H-E-B Fuel
1.35 miles
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Stripes/Valero
1.88 miles
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Exxon
2.14 miles
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Sunoco
2.30 miles
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Tesla Supercharger
8.85 miles
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E39
0.22 miles
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Q1
0.24 miles
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E8
0.26 miles
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B1
0.27 miles
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P
0.30 miles
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E35
0.32 miles
-
O
0.38 miles
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D
0.42 miles
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C
0.42 miles
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Wheel-Chair Accessible Parking
0.50 miles
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Executive Inn-Edinburg
1.88 miles
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Best Western Plus Edinburg Inn & Suites
2.13 miles
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Texas Inn and Suites
2.76 miles
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Comfort Inn Edinburg South
2.90 miles
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Motel 6
4.83 miles
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Hampton Inn & Suites
4.87 miles
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La Quinta Inn & Suites Pharr - Rio Grande Valley
4.89 miles
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Red Roof Inn Pharr - McAllen
5.05 miles
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Holiday Inn Express & Suites Pharr
5.07 miles
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Comfort Inn & Suites
6.07 miles
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Whataburger
0.12 miles
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Taco Bell/Long John Silvers
0.12 miles
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Burger King
0.17 miles
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Wendy's
0.22 miles
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Jack in the Box
0.22 miles
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Pizza Hut
0.25 miles
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Jason's Deli
0.26 miles
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McDonald's
0.28 miles
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Luby's
0.34 miles
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Peter Piper Pizza
0.36 miles
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South Texas Business, Education, and Technology Academy (BETA)
0.53 miles
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University of Texas Rio Grande Valley
0.63 miles
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Robert E Lee Elementary School
0.69 miles
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De La Vina Elementary School
0.89 miles
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Saint Joseph Catholic School
1.21 miles
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South Middle School
1.28 miles
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BL Garza Middle School
1.40 miles
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B L Garza Middle School
1.43 miles
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Jefferson Elementary School
1.46 miles
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N. L. Treviño Elementary School
1.50 miles
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Little Shining Stars Daycare
4.34 miles
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The Edutainment Zone
9.03 miles
Frequently Asked Questions
The space currently listed for sale at 32 Units - Assumable Attractive Debt - Portfolio Sale asks for $1,800,000.
32 Units - Assumable Attractive Debt - Portfolio Sale totals 23,880 square feet.
32 Units - Assumable Attractive Debt - Portfolio Sale was built in 1980.
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