Montevideo Apartments - 7.91% Cap Rate

For Sale

121-201 N Montevideo Ave, Edinburg, TX 78541

This Edinburg property for sale is located at 121-201 N Montevideo Ave. The current listed sale price for Montevideo Apartments - 7.91% Cap Rate is $1,000,000. Montevideo Apartments - 7.91% Cap Rate is situated on a lot that is 0.59 acre in size.

Contacts

broker
Edson Carvajal

Hanna Solutions Commercial Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 15,637 SF
  • Units 20
  • Lot Size 0.59 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1978
  • Year Renovated 2020
  • Date Updated Feb 3, 2025
Discover the potential of real estate investment with this 20-unit apartment complex strategically located off University Drive in the vibrant city of Edinburg. Offering a loan assumption option, this property simplifies ownership transfer and provides a seamless investment opportunity. These properties offer units that have 1 bedroom and 1 bath and are equipped with essential appliances including a refrigerator, stove, and microwave.Discover the potential of real estate investment with this 20-unit apartment complex strategically located off University Drive in the vibrant city of Edinburg. Offering a loan assumption option, this property simplifies ownership transfer and provides a seamless investment opportunity. These properties offer units that have 1 bedroom and 1 bath and are equipped with essential appliances including a refrigerator, stove, and microwave
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Highlights

  • Pro-forma cap rate 7.91%

Attachments

Getting around

  • 67/100

    Walk Score ®

  • 53/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Edinburg, TX
  • Zip Code 78541
  • Market McAllen

Points of Interest

  • 107 Food Mart/Conoco

    0.26 miles

  • Valero

    0.71 miles

  • Exxon/El Tigre

    0.75 miles

  • H-E-B Fuel

    1.33 miles

  • Stripes/Valero

    1.88 miles

  • Exxon

    2.14 miles

  • Sunoco

    2.31 miles

  • Tesla Supercharger

    8.83 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Edson Carvajal

Hanna Solutions Commercial Real Estate

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