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.
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0BEDS
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2.69ACRES
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0BATHS
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01/2 BATHS
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18,200SQFT
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$176$/SQFT
School Information
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.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or eReal Estate Depot. Data last updated: 2023-06-03T00:16:42.84.