2210 Elisa Lane
$1,600,000
2210 Elisa Lane, Edinburg, TX 78541
18,000 sqft
Building Size
0.73 acres
Lot Area
Details:
Highlights:
- Annual Tax: $ 31072.0
- Age: 31-40 Years Old
- Cooling: Central A/C - Electric
- Exterior Description: Brick
- Exterior Living Space: Balcony / Lanai
- Garage Description: Curb Parking.
- Sewer: City
- Water: City Water
Description:
This prime investment opportunity in Edinburg, Texas features a 20-unit Class C apartment complex with affordable 2-bedroom, 2-bath apartments. Ideally located minutes from the University of Texas Rio Grande Valley (UTRGV) and surrounded by major retailers like Walmart, Lowe's, Chick-fil-A, and Khan's Grill, this complex offers a mix of upstairs and downstairs units, appealing to families and young professionals. The property has significant value-add potential, with opportunities for renovations to enhance rental income and overall asset value. Dedicated parking increases tenant appeal, and current Section 8 acceptance broadens the tenant pool, ensuring consistent rental demand. Investors will appreciate the strong local rental market, guaranteeing a steady influx of applicants. This is a unique chance to acquire a well-located asset with substantial upside potential. Call today to schedule a viewing and explore how this value-add investment can enhance your portfolio.
Listing ID: c55200fb-5777-42f1-b77d-43b56a33a1d2
Location
Gallery
