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Fourplex at Montecito gated in Edinburg 2021 Stardust Ln 4 Unit Apartment Building $660,394 CAD ($165,098 CAD/Unit) 6.89% Cap Rate Edinburg, TX 78541
Investment Highlights
- High occupancy multifamily property
- Professional property management in place
Executive Summary
Great Opportunity! Fourplex available in a highly sought-after Gated Community at Edinburg TX. All units have 3 spacious bedrooms and 2 bathrooms, designed for comfort and convenience. with private fenced patios. Each unit features contemporary finishes, including stainless steel appliances, granite countertops, custom cabinetry and Kitchen island ensuring a stylish and functional cooking space. Full-size washers and dryers are included, providing residents with the convenience of in-unit laundry. 8 Assigned Carports. High occupancy and low maintenance! The ideal investment to boost your cash flow. Located right on Montecristo Rd, between N. Sugar Rd and N. Jackson Rd
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $660,394 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $165,098 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.24 AC |
| Cap Rate | 6.89% | Building Size | 3,786 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 2022 |
| Price | $660,394 CAD |
| Price Per Unit | $165,098 CAD |
| Sale Type | Investment |
| Cap Rate | 6.89% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.24 AC |
| Building Size | 3,786 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2022 |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Ceiling Fans
- Tile Floors
- Crown Molding
- Granite Countertops
- Refrigerator
- Sprinkler System
- Yard
- Dining Room
- Island Kitchen
- Patio
Site Amenities
- 24 Hour Access
- Controlled Access
- Gated
- Walk-Up
- Smoke Detector
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | M5745-00-003-0001-00 | Total Assessment | $600,602 CAD (2025) |
| Land Assessment | $162,085 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $438,516 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
M5745-00-003-0001-00
Land Assessment
$162,085 CAD (2025)
Improvements Assessment
$438,516 CAD (2025)
Total Assessment
$600,602 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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Fourplex at Montecito gated in Edinburg | 2021 Stardust Ln
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