1001 Owassa Road, Edinburg, TX 78542

$2,500,000
: 18,200
SqFt

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List Price: $2,500,000
Status: ACTIVE
MLS#: 517114
Year Built: 2016
Living Area: 18,200
Lot Size: 116,740
Acres: 2.68
Subdivision: Rose Garden
MLS Area Major: Edinburg

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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.

(512) 596-9111

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Additional Information

Exterior Features: Other
Taxes: $25,276
Appliances: Water Heater (Laundry Room)
Heating: Central
Air Conditioning: Central Air
Stories: 1
Parking Features: Covered