For Sale
$375,000

2206 Kimberly Ln Edinburg, TX 78539

Four-unit apartment building, excellent rental income.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a well-maintained four-unit apartment building located at 2206 Kimberly Lane, Edinburg, TX 78539. The property, built in 1999, sits on a substantial 10,579.85 square foot lot and offers a total of 3,640 square feet of living space, currently fully leased and generating immediate rental income. The building boasts a recently remodeled roof, ensuring long-term durability and protection. Both the interior and exterior have been freshly painted, enhancing curb appeal and tenant attraction. This four-plex is strategically positioned near the University of Texas Rio Grande Valley (UTRGV), providing a strong tenant pool and contributing to the property's high occupancy potential and long-term value. The asking price for this turnkey investment is $375,000. This property represents a compelling opportunity for investors seeking a stable, income-producing asset in a desirable location. The property consists of one building and is classified as a multifamily apartment building, specifically a duplex/triplex/quadruplex. Its location in Hidalgo County offers convenient access to local amenities and the university.

Highlights

  • $375,000 asking price.
  • Four-unit multifamily apartment building.
  • Located at 2206 Kimberly Lane, Edinburg, TX 78539.
  • Built in 1999, situated on a 10,579 sq ft lot.
  • Currently fully leased, generating immediate rental income.

Property Details for 2206 Kimberly Ln

Property type
Apartment buildings, Small apartment buildings
Year Built
1999
Buildings
1
Units
4

Location Insight

City
Edinburg
County
Hidalgo
State
Texas
Latitude
26.268255
Longitude
-98.1884949

FAQs

What type of property is this?
Apartment building - Four-unit apartment building, excellent rental income.
Where is the apartment building located?
The property is located at 2206 Kimberly Ln Edinburg, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: $375,000 asking price.; Four-unit multifamily apartment building.; Located at 2206 Kimberly Lane, Edinburg, TX 78539.
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.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2206 Kimberly Ln
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message