$2,900,000
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1001 E Owassa Road Edinburg, TX 78542
Apartment
Residence
Beds
Baths
18,200
Sq. Ft.
2.69
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
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 I...ncome 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!
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MLS#
423485
Property Type
Apartment
Year Built
2017
Square Feet
18,200
sq. ft
Price per Sq. Ft.
$159.34
Lot Size
2.69
Sewer
City Sewer
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