Montevideo Apartments - 7.91% Cap Rate

121-201 N Montevideo Ave, Edinburg, TX 78541

  • For Sale $1,000,000
  • Property Type Multi-Family
  • Property Size 15,637 SF
  • Units 20
  • Lot Size 0.59 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1978
  • Year Renovated 2020
  • Date Updated Dec 17, 2024
Discover the potential of real estate investment with this 20-unit apartment complex strategically located off University Drive in the vibrant city of Edinburg. Offering a loan assumption option, this property simplifies ownership transfer and provides a seamless investment opportunity. These properties offer units that have 1 bedroom and 1 bath and are equipped with essential appliances including a refrigerator, stove, and microwave.Discover the potential of real estate investment with this 20-unit apartment complex strategically located off University Drive in the vibrant city of Edinburg. Offering a loan assumption option, this property simplifies ownership transfer and provides a seamless investment opportunity. These properties offer units that have 1 bedroom and 1 bath and are equipped with essential appliances including a refrigerator, stove, and microwave
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Pro-forma cap rate 7.91%

Contacts

broker
Edson Carvajal

Hanna Solutions CRE

Location

Getting Around

  • Walk Score ®

    67/100 Somewhat Walkable

  • Bike Score ®

    53/100 Bikeable
Powered by Walk Score ®
  • City Edinburg, TX
  • Zip Code 78541
  • Market McAllen

Points of Interest

  • 107 Food Mart/Conoco

    0.26 miles

  • Valero

    0.71 miles

  • Exxon/El Tigre

    0.75 miles

  • H-E-B Fuel

    1.33 miles

  • Stripes/Valero

    1.88 miles

  • Exxon

    2.14 miles

  • Sunoco

    2.31 miles

  • Tesla Supercharger

    8.83 miles

  • E39

    0.23 miles

  • Q1

    0.26 miles

  • E8

    0.26 miles

  • B1

    0.27 miles

  • P

    0.32 miles

  • E35

    0.33 miles

  • O

    0.40 miles

  • D

    0.44 miles

  • C

    0.44 miles

  • Wheel-Chair Accessible Parking

    0.52 miles

  • Executive Inn-Edinburg

    1.87 miles

  • Best Western Plus Edinburg Inn & Suites

    2.12 miles

  • Texas Inn and Suites

    2.74 miles

  • Comfort Inn Edinburg South

    2.88 miles

  • Motel 6

    4.81 miles

  • Hampton Inn & Suites

    4.85 miles

  • La Quinta Inn & Suites Pharr - Rio Grande Valley

    4.88 miles

  • Red Roof Inn Pharr - McAllen

    5.03 miles

  • Holiday Inn Express & Suites Pharr

    5.05 miles

  • Comfort Inn & Suites

    6.05 miles

  • Whataburger

    0.10 miles

  • Taco Bell/Long John Silvers

    0.10 miles

  • Burger King

    0.16 miles

  • Wendy's

    0.21 miles

  • Jack in the Box

    0.22 miles

  • Pizza Hut

    0.25 miles

  • Jason's Deli

    0.25 miles

  • McDonald's

    0.27 miles

  • Luby's

    0.33 miles

  • Peter Piper Pizza

    0.35 miles

  • South Texas Business, Education, and Technology Academy (BETA)

    0.52 miles

  • University of Texas Rio Grande Valley

    0.64 miles

  • Robert E Lee Elementary School

    0.67 miles

  • De La Vina Elementary School

    0.87 miles

  • Saint Joseph Catholic School

    1.21 miles

  • South Middle School

    1.27 miles

  • BL Garza Middle School

    1.41 miles

  • B L Garza Middle School

    1.44 miles

  • Jefferson Elementary School

    1.46 miles

  • N. L. Treviño Elementary School

    1.49 miles

  • Little Shining Stars Daycare

    4.33 miles

  • The Edutainment Zone

    9.01 miles

Frequently Asked Questions

How much does Montevideo Apartments - 7.91% Cap Rate cost?

The space currently listed for sale at Montevideo Apartments - 7.91% Cap Rate asks for $1,000,000.

What is the total square footage of Montevideo Apartments - 7.91% Cap Rate?

Montevideo Apartments - 7.91% Cap Rate totals 15,637 square feet.

When was this property built?

Montevideo Apartments - 7.91% Cap Rate was built in 1978.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Edson Carvajal

Hanna Solutions CRE