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7504 N Expressway 281 10 Unit Apartment Building $540,000 ($54,000/Unit) Edinburg, TX 78542
Executive Summary
Amazing investment property with a great location! This is a newly remodeled 10 unit apartment complex right off highway 69C/281 with new roof, AC'S and water heaters. There is 4 bedroom/4.5 bath, 3 bedroom/2 bath, 2 bedroom/1 bath and several one bedrooms and studio's. This complex has land in the back for expansion as well.
Property Facts
| Price | $540,000 | Apartment Style | Low-Rise |
| Price Per Unit | $54,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 2.00 AC |
| No. Units | 10 | Building Size | 8,375 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1970 |
| Price | $540,000 |
| Price Per Unit | $54,000 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.00 AC |
| Building Size | 8,375 SF |
| No. Stories | 2 |
| Year Built | 1970 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 3 | - | - |
| 2+1 | 2 | - | - |
| 3+2 | 2 | - | - |
| 4+4.5 | 1 | - | - |
Property Taxes
| Parcel Number | S1700-02-000-000K-04 | Improvements Assessment | $585,932 |
| Land Assessment | $222,592 | Total Assessment | $808,524 |
Property Taxes
Parcel Number
S1700-02-000-000K-04
Land Assessment
$222,592
Improvements Assessment
$585,932
Total Assessment
$808,524
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7504 N Expressway 281
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