2112 Taxco Ct
- Prime location in Edinburg
- High-rise development potential
- Strong rental market appeal
Property Description
This multifamily investment opportunity includes two fourplex properties within the Villas Escondidas subdivision in Edinburg, Texas, totaling eight residential units across 2112 Taxco Ct. and 2216 Taxco Ct. The offering provides investors the opportunity to acquire multiple multifamily assets within the same subdivision, offering potential for streamlined management, operational efficiencies, and long-term income generation. Each fourplex consists of two buildings with two units per building, for a total of four units per property. The unit mix includes 2 bedroom / 2 bathroom and 3 bedroom / 2 bathroom floor plans. Each unit includes a refrigerator, microwave, stove, washer, and dryer, along with two designated covered parking spaces. HOA fees are $500 annually, with a $300 transfer fee. The two Villas Escondidas fourplexes are also available as part of a larger Edinburg multifamily investment portfolio consisting of 12 additional fourplex properties, providing investors the opportunity to acquire 14 fourplexes for a total of 56 residential units within the Edinburg market.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,055,000 |
| No. of Units: | 8 |
| Year Built: | 2016 |
| Lot Size: | 0.41 Acres |
| Opportunity Zone: | No |
| Price per unit: | $131,875 |
| Property Website | Click Here |
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