19310 Mile 6Elsa, TX 78543

Property Details for 19310 Mile 6

Year built

1995

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

This exceptional investment opportunity presents a three-unit triplex situated on a spacious 37,026 square foot lot in Elsa, Texas. Built in 1995, the property boasts a total of approximately 2190 square feet of living space, distributed across three individual units. The property is located at 19310 N Mile 6 W, 78543, in Hidalgo County, offering a tranquil rural setting. Currently, the triplex is partially occupied by long-term tenants, providing a stable income stream and immediate cash flow. The property's substantial lot size offers significant potential for future expansion or development. The existing units present a value-add opportunity, allowing for rental increases and further property improvements to enhance profitability. This is an ideal investment for those seeking a strong return on investment in a desirable location with significant upside potential. The asking price for this multifamily property is $475,000. This represents a compelling opportunity to acquire a well-located, income-generating asset with considerable room for growth. The property's rural setting provides a peaceful environment while still maintaining convenient access to local amenities and transportation routes.

Location Insight

City

Elsa

County

Hidalgo

State

Texas

Latitude

26.2931

Longitude

-97.9824

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

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 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 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].