For Sale
$539,500

3000 Links Dr Edinburg, TX 78542

High-Yield Multifamily Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a brand-new, four-unit apartment building in Edinburg, Texas, currently under construction with an anticipated completion date of September 2024. The property, located at 3000 Links Drive, boasts two buildings situated on a spacious 10,660.87 square foot lot. Each of the four units offers luxurious 3-bedroom, 2-bathroom living, totaling over 4,200 square feet of refined living space. High-end finishes include elegant tile floors and luxury lighting, with a thoughtful mix of showers and tubs in each unit. Private patios, complete with sprinkler systems, enhance the outdoor living experience. Individual electric meters are installed for efficient utility management. Covered parking accommodates 6 to 8 vehicles, with two assigned spaces per unit. The property's prime location offers easy access to Expressway 281, a Walmart Supercenter, UTRGV Stadium, and is directly across from Los Lagos Golf Course. With projected rental income of $1,350 per unit (including water and trash), and a projected 8.4% capitalization rate, this property represents a strong return on investment. A $5,000 escrow deposit secures this unit. This is a rare chance to acquire a premium rental income asset in a rapidly growing area. The property is a multifamily apartment building, specifically a duplex/triplex/quadruplex. The asking price is $539,500.

Property Details for 3000 Links Dr

Property type
Apartment buildings, Small apartment buildings
Year Built
2024
Buildings
2
Units
4

Location Insight

City
Edinburg
County
Hidalgo
State
Texas
Latitude
26.270991
Longitude
-98.1301236

FAQs

What type of property is this?
Apartment building - High-Yield Multifamily Investment Opportunity
Where is the apartment building located?
The property is located at 3000 Links Dr Edinburg, TX.
What is the asking price?
The asking price for this property is $539,500.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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3000 Links Dr
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