1001 E Owassa Road
Edinburg, TX 78542
18200 sqft | #373004
Description
Great income producing opportunity! 1001 E Owassa apartment complex consists of 14 duplex buildings totaling 28 units located in Edinburg, TX. Apartments were built in 2016/2017, each unit consists of 2 bedrooms and 1 bath, with its own carport and drive way. Each unit is equipped with stainless steel appliances and washer/dryer. Built to last, exterior walls are of concrete block and stucco construction. Individual electric meters and one master water meter, city sewer.
Property is ideally located in front of an IDEA public school and seconds away from Expressway 281.
All 28 units are currently rented out averaging $700 per month each, total annual revenue is in the $230,000 range. Low maintenance and utility expenses. Room for rent increases.
Interior Details
Interior Features
- Interior:Ceiling Fan, Dryer
Property Details
Property
- Lot description:Curb Gutters
- Exterior materials:Other
Measurements
- Acres:2.6862
- Square Feet:18200
Construction Details
Type & Style
- Property type:Investment
Condition
- Year built:2016
Material information
- Foundation:Slab
Utilities / Energy Details
Utility
- Sewer information:City Sewer
- Utility features:Cable Available
Community and Neighborhood Details
Community
- Subdivision:Rose Garden
Location
- Elementary School:Ramirez
- Middle School:South Middle School
- High School:Vela H.S.
- County:Hidalgo
Financial Details
Pricing Details
- Original List Price:$3, 000, 000
Other
Source
- MLS #:373004
Location
Legal
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Last Updated: . Source: GMAR
Listing Courtesy
Listing Agent: Michael Cantu (#801068041)
Listing Office: Jpar (#1038)
