920 French AveMcAllen, TX 78504

Property Details for 920 French Ave

Year built

2004

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

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.

Location Insight

City

McAllen

County

Hidalgo

State

Texas

Latitude

26.2892

Longitude

-98.2322

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