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2218 Tourist Dr 19 Unit Apartment Building $3,237,125 CAD ($170,375 CAD/Unit) Edinburg, TX 78539
Investment Highlights
- Access to Major Traffic Arteries Close access to Interstate 69C and U.S. Highway 281
- Ample on-site parking
- Location near UTRGV, strong traffic access, flexible use, and ongoing growth in Edinburg
- Updated and well-maintained
Executive Summary
Position your business for success at 2218 Tourist Drive, a strategically located commercial property in one of Edinburg’s fastest-growing corridors. Just minutes from University of Texas Rio Grande Valley and the high-traffic Interstate 69C / U.S. Highway 281 interchange, this site benefits from consistent daily traffic and strong demographic growth driven by nearby residential expansion and student population.
This property offers excellent frontage and visibility along Tourist Drive, making it ideal for retail, professional office, medical, or service-oriented businesses. The surrounding area includes established neighborhoods, national retailers, and local businesses, creating a built-in customer base and steady foot traffic.
Key highlights include:
High-visibility location with easy ingress/egress
Close proximity to UTRGV School of Medicine and major healthcare facilities
Minutes from Bert Ogden Arena, attracting year-round events and visitors
Strong daytime population driven by education, healthcare, and government sectors
Flexible use potential (verify zoning) for retail, office, or mixed-use development
With Edinburg continuing to experience rapid economic and population growth, this property presents an excellent opportunity for owner-users, developers, or investors seeking long-term upside in the Rio Grande Valley market.
This property offers excellent frontage and visibility along Tourist Drive, making it ideal for retail, professional office, medical, or service-oriented businesses. The surrounding area includes established neighborhoods, national retailers, and local businesses, creating a built-in customer base and steady foot traffic.
Key highlights include:
High-visibility location with easy ingress/egress
Close proximity to UTRGV School of Medicine and major healthcare facilities
Minutes from Bert Ogden Arena, attracting year-round events and visitors
Strong daytime population driven by education, healthcare, and government sectors
Flexible use potential (verify zoning) for retail, office, or mixed-use development
With Edinburg continuing to experience rapid economic and population growth, this property presents an excellent opportunity for owner-users, developers, or investors seeking long-term upside in the Rio Grande Valley market.
Property Facts
| Price | $3,237,125 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $170,375 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.85 AC |
| Sale Condition | 1031 Exchange | Building Size | 12,942 SF |
| No. Units | 19 | Average Occupancy | 60% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 2004/2022 |
| Price | $3,237,125 CAD |
| Price Per Unit | $170,375 CAD |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.85 AC |
| Building Size | 12,942 SF |
| Average Occupancy | 60% |
| No. Stories | 2 |
| Year Built/Renovated | 2004/2022 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Washer/Dryer Hookup
- Wheelchair Accessible (Rooms)
Site Amenities
- Security System
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2.5 | 19 | $1,309 CAD | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | E6120-00-000-0001-00 | Improvements Assessment | $3,214,132 CAD |
| Land Assessment | $268,823 CAD | Total Assessment | $3,482,955 CAD |
Property Taxes
Parcel Number
E6120-00-000-0001-00
Land Assessment
$268,823 CAD
Improvements Assessment
$3,214,132 CAD
Total Assessment
$3,482,955 CAD
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