624 Santa Rosa Ave | Edcouch, TX 78538
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624 Santa Rosa Ave
Edcouch, TX 78538
Casa Azul · Multifamily Property For Sale
·
18 Units
Investment Highlights
- Residents pay their own water and electricity directly to the provider
- Possibility of significant cash flow improvement after most/all units + exterior have been improved
- Annual gross scheduled rent of $130,000 at current rates
- 9,200 SF of land west of complex may be improved with privacy fencing/bbq pits/play equipment
Property Facts
| No. Units | 18 | Lot Size | 0.86 AC |
| Property Type | Multifamily | Building Size | 12,600 SF |
| Property Subtype | Apartment | Average Occupancy | 77% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1985/2022 |
| Zoning | MF | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.86 AC |
| Building Size | 12,600 SF |
| Average Occupancy | 77% |
| No. Stories | 2 |
| Year Built/Renovated | 1985/2022 |
| Zoning | MF |
Amenities
Unit Amenities
- Air Conditioning
- Ceiling Fans
- Tile Floors
- Refrigerator
- Range
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 10 | $680.00 | 785 |
| 2+1 | 5 | $580.00 | 650 |
| 1+1 | 3 | $480.00 | 500 |
Property Taxes
| Parcel Number | E3100-00-044-0001-00 | Improvements Assessment | $695,158 |
| Land Assessment | $120,475 | Total Assessment | $815,633 |
Property Taxes
Parcel Number
E3100-00-044-0001-00
Land Assessment
$120,475
Improvements Assessment
$695,158
Total Assessment
$815,633
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