1613 W Cortlandt St - Apartments FOR SALE


Edinburg, TX 78541
$515,000 USD
956-520-2318
1613 W Cortlandt St, Edinburg, TX for Sale
$515,000 USD
Apartments - FOR SALE
1/16
null | 7.42% Cap Rate

1613 W Cortlandt St
Edinburg, TX 78541


HIGHLIGHTS

  • Fully Leased individual Fourplex - 4 units, also nextdoor Fourplex total of 8 doors available
  • Very close to University of Texas campus
  • Schools, Stores, Restaunts are all close by, tentants like this location!

OVERVIEW

Fully Leased Fourplex! UNION SQUARE APARTMENTS proudly presents a FULLY LEASED Fourplex in a COMPLETED multi-family apartment community. This private gated community spans over 33 developed acres, just a short distance from the downtown business district and the Univeristy of Texas RGV campus. The surrounding neighborhood is near quality public schools, coffee shops, supermarkets, wine bars, fine dining, yoga classes, day care, parks and recreation, stadiums and entertainment venues, and a University of Texas campus with over 31,000 students just 2 minutes away. Featuring a Fourplex built to custom home standards with real stone, real brick, and high-end finishes. Nothing is prefabricated and there is no stucco or foam used in their construction. Stainless steel refrigerators, washer and dryers, and window coverings are included in the package. All 4 units 3bed/2 ba with 1065 sq ft each unit!

FOR SALE DETAILS

PRICE

$515,000 USD

PRICE/SF

$121 USD /SF

# OF UNITS

4

PRICE/UNIT

$128,750

CAP RATE

7.42%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1613 Courtland - Fourplex - Fully Leased

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,676 SF

ZONING

Multi-Family Residental

APN/PARCEL ID

U0330-00-000-0062-00

ASK ABOUT THIS PROPERTY

Janet ClementSpirit Real EstateMore Info
956-520-2318

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Janet ClementSpirit Real EstateMore Info
956-520-2318

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.