Description
FULLY LEASED 10 Unit commercial plaza downtown edinburg with PARKING LOT, 29 private parking spots. Walking distance to the new hidalgo county courthouse. Income producing property. Beautiful stucco building with pole sign, lights, roof signs, in an incredible location. Units range from 615 sqft and 1,200 sqft. Monthly rental income of $9,350, with an annual income of $112,200. Minimal maitenince, high profit. Rents have room for increase, tenants have been consistent for years with little to no rent increases. This is a reliable income generating investment that will only continue to grow in equity and income. Especially being located in the heart of the fastest growing city in the McAllen-Edinburg-Mission metropolitan area, which is the fastest growing metropolitan area in Texas! You will not find a better long term commercial investment.
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0BEDS
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0.49ACRES
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0BATHS
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01/2 BATHS
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8,604SQFT
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$174$/SQFT
School Ratings & Info
Description
FULLY LEASED 10 Unit commercial plaza downtown edinburg with PARKING LOT, 29 private parking spots. Walking distance to the new hidalgo county courthouse. Income producing property. Beautiful stucco building with pole sign, lights, roof signs, in an incredible location. Units range from 615 sqft and 1,200 sqft. Monthly rental income of $9,350, with an annual income of $112,200. Minimal maitenince, high profit. Rents have room for increase, tenants have been consistent for years with little to no rent increases. This is a reliable income generating investment that will only continue to grow in equity and income. Especially being located in the heart of the fastest growing city in the McAllen-Edinburg-Mission metropolitan area, which is the fastest growing metropolitan area in Texas! You will not find a better long term commercial investment.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Ryan & Brian Real Estate Team | Tierra Frontera, LLC. Data last updated: 2023-12-07T08:17:39.967.