920 French AveMcAllen, TX 78504

For Sale
$395,000
Four-unit apartment building, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional investment opportunity presents a four-unit apartment building ideally situated at 920 French Avenue, Edinburg, Texas, 78504. Built in 2004, this property boasts two buildings situated on a generous 10,585.08 square foot lot. The property is classified as a multifamily apartment building, specifically a duplex/triplex/quadruplex configuration. The asking price is $395,000. Its strategic location offers significant advantages for investors. Just two blocks from the University of Texas-Rio Grande Valley (UTRGV), this property benefits from a consistently high demand for student housing. Furthermore, its proximity to the Hidalgo County Courthouse, hospitals, shopping centers, and various retail establishments ensures strong occupancy rates and potential for rental income growth. The property's solid construction and desirable location make it an attractive investment prospect with considerable potential for long-term appreciation and consistent cash flow. The property consists of four individual units, providing diversification and flexibility for management. This turnkey investment is ready for immediate income generation. This is a rare opportunity to acquire a well-maintained multifamily property in a thriving Texas market.

Highlights

  • Exceptional four-unit apartment building investment opportunity in Edinburg, TX.
  • Located at 920 French Avenue, Edinburg, TX 78504, on a 10,585.08 sq ft lot.
  • Built in 2004, this multifamily property is priced at $395,000.
  • Prime location two blocks from UTRGV, offering high student housing demand.
  • Proximity to courthouse, hospitals, and retail ensures strong occupancy and rental income potential.
  • Turnkey investment with immediate income generation and potential for long-term appreciation.

Property Details for 920 French Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
2004
Buildings
2
Units
4

Location Insight

City
McAllen
County
Hidalgo
State
Texas
Latitude
26.2892001
Longitude
-98.2322355
920 French Ave, McAllen, Texas

FAQs

What type of property is this?
Apartment building - Four-unit apartment building, prime location.
Where is the apartment building located?
The property is located at 920 French Ave McAllen, TX.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Exceptional four-unit apartment building investment opportunity in Edinburg, TX.; Located at 920 French Avenue, Edinburg, TX 78504, on a 10,585.08 sq ft lot.; Built in 2004, this multifamily property is priced at $395,000.
How can I contact the broker?
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920 French Ave
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