1001 E Owassa Road, Edinburg, TX 78542

$2,500,000
18,200
SqFt

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List Price
$2,500,000
Status
ACTIVE
MLS#
513599
Year Built
2016
Living Area
18,200
Lot Size
116,740
Acres
2.68
Subdivision
Rose Garden
MLS Area Major
Edinburg

Property Description

Rare opportunity: a 28-unit duplex portfolio built in 2016, among the newest workforce housing product to hit the Edinburg market. Fourteen concrete block and stucco duplex buildings, each unit a 2BD/1BA with its own carport and private driveway and stainless steel appliances. Individually metered electric (28 meters) — tenants pay their own power; owner covers water/sewer through a single master meter. Unbeatable location directly in front of IDEA Public Schools and seconds from Expressway 281, with immediate access to the Edinburg–McAllen–Mission employment corridor. Durable, low-maintenance construction keeps capex minimal for a property still under 10 years old. Financials available upon request; call listing agent for showing instructions, tenant occupied.

Additional Information

Amenities
Curbs, Street Lights
Interior Features
Other
Exterior Features
Other
Taxes
$25,276
Appliances
Water Heater (Laundry Room), Dryer, Other, Refrigerator, Stove/Range, Washer
Heating
Central
Air Conditioning
Central Air
Stories
1
Foundation
Slab
Parking Features
Garage Faces Front
School District
Edinburg ISD
Elementary School
Ramirez
Middle School
South Middle School
High School
Vela H.S.

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Calculator source: Real Geeks

Listing courtesy of Enrique Guzman with Jpar North Metro