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5 Four Plex portfolio, 20 apartments, Edinburg Tx

$ 1.524.000
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Tulipan Villas Apartments located in a prime subdivision in Edinburg TXOne-story buildings, five-4 plex properties. Four properties have four units, two bedrooms/two baths and one building has two units two bedrooms/ two baths, one unit 3 bedrooms/two baths, and one unit one bedroom/one bath

Current Occupancy 98 % very steady tenancy providing constant cash flow

NOI $ 114,292

CAP 7.5%

Currently managed by a local administrator for passive investment

  • Fourplex is the most common multiunit product in the Rio Grande Valley Tx area
  • Steady tenancy with constant cash flow
  • Completely¬†passive investment
  • Newer Construction -2016
  • Granite Countertops, tile flooring and Stainless Steel appliances ( including washer and dryer) in all units
  • Right across a high school
State/County:
Zip: 78542
Country: United States
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Property Id : 538
Price: $ 1.524.000
Property Size: 18.510 ft2
Property Lot Size: 53.198 ft2
attic
gas heat
ocean view
wine cellar
basketball court
gym
pound
fireplace
lake view
pool
back yard
front yard
fenced yard
sprinklers
washer and dryer
deck
balcony
laundry
concierge
doorman
private space
storage
recreation
roof deck

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