Teak & Upas Dr - Residential Income FOR SALE


Edinburg, TX 78541
$1,455,000 USD
956-227-8000
Teak & Upas Dr, Edinburg, TX for Sale
$1,455,000 USD
Residential Income - FOR SALE
1/6
null | Request Cap Rate

Teak & Upas Dr
Edinburg, TX 78541


HIGHLIGHTS

  • Three fourplex buildings totaling 12 residential units offered as a single multifamily investment.
  • Property is 100% occupied, providing immediate in-place tenancy.
  • Built in 2016 with a mix of two-bedroom and three-bedroom floor plans.
  • Each unit includes a refrigerator, microwave, stove, and washer/dryer.
  • Covered parking available with 24 parking spaces serving residents.
  • Opportunity to acquire additional nearby fourplex assets as part of a larger Edinburg portfolio.

OVERVIEW

This multifamily investment opportunity includes three fourplexes within the West Oaks subdivision in Edinburg, Texas, totaling 12 residential units across 110 Teak Dr., 204 Teak Dr., and 1222 Upas Dr. The offering provides investors with the opportunity for streamlined management and long-term income potential. Each fourplex consists of two buildings with two units per building. The unit mix includes 2 bedroom / 2 bathroom and 3 bedroom / 2 bathroom floor plans. Each unit includes a refrigerator, microwave, stove, and washer/dryer. HOA fees are $600 annually. The three West Oaks fourplexes are also available as part of a larger portfolio featuring 11 additional fourplex properties, providing the opportunity to acquire 14 fourplexes for a total of 56 residential units within the Edinburg market.

FOR SALE DETAILS

PRICE

$1,455,000 USD

PRICE/SF

$119 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

West Oaks - 3 Fourplexes

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,701 SF

ZONING

-

APN/PARCEL ID

W3780-00-000-0022-00,W3780-00-000-0024-00,W3780-00-000-0032-00

ASK ABOUT THIS PROPERTY

Laura Liza Paz, SIORNAI Rio Grande ValleyMore Info
956-227-8000

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Laura Liza Paz, SIORNAI Rio Grande ValleyMore Info
956-227-8000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.