Courtesy of: Javier Garza Jr., Encore Fine Properties, thejaviergarzajrluxurygroup@gmail.com
Courtesy of: Javier Garza Jr., Encore Fine Properties, thejaviergarzajrluxurygroup@gmail.com
$2,900,000
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Lot: 2.69 Acres
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Apartment
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$2,900,000
1001 E Owassa Road 28 Units (14 Duplexes) ALL FULLY LEASED. 2017/2018 Build. Located on Owassa/Dove Edinburg Texas. 1 minute from Expressway 281. Minutes from major shopping centers, schools, and entertainment districts. In the heart of the fastest growing city in the McAllen-Edinburg-Mission Metropolitan area. 2023 Income was $253, 150. NOI was $215, 155.21. This is an investment that has already shown consistency in terms of rentability: as the units have been fully leased consistently, and vacancies do NOT last long. One missed month on other high priced out-of city units and you already lost your game plan. You are paying to not have that problem when you buy these. Safe bet. The area, excellent quality of builds, and sizing of interior space/room/layout make them the perfect units for a large pool of residents. Each building is in excellent condition. Updated roofs! Income producing. Ready to make you money! Appliances convey. Already a proven success!
Courtesy of: Javier Garza Jr., Encore Fine Properties, thejaviergarzajrluxurygroup@gmail.com
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