Las Magnolias | 1100 E Trenton Rd
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Las Magnolias 1100 E Trenton Rd
128 Unit Block of Flats £627,528 (£4,903/Unit) 6.75% Net Initial Yield Edinburg, TX 78542
Investment Highlights
- Great location close to expressway 281, las tiendas, academy, Burlington, JC Penney, TJ Maxx, Ulta, many restaurants. Walmart Supercenter.
- 5300 sf each 4plex
- 3 bedroom 2 1/2 bathroom
Executive Summary
$800,000 per 4plex.
5300 sf each 4plex
32 4plexes available
5300 sf each 4plex
32 4plexes available
Property Facts
| Price | £627,528 | Apartment Style | Garden |
| Price Per Unit | £4,903 | Building Class | B |
| Sale Type | Investment | Lot Size | 11.47 AC |
| Net Initial Yield | 6.75% | Construction Status | Deferred |
| Sale Conditions | Portfolio Sale | Building Size | 169,600 SF |
| No. Units | 128 | Average Occupancy | 100% |
| Property Type | Residential | Number of Floors | 2 |
| Property Subtype | Apartment | Year Built | 2024 |
| Price | £627,528 |
| Price Per Unit | £4,903 |
| Sale Type | Investment |
| Net Initial Yield | 6.75% |
| Sale Conditions | Portfolio Sale |
| No. Units | 128 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 11.47 AC |
| Construction Status | Deferred |
| Building Size | 169,600 SF |
| Average Occupancy | 100% |
| Number of Floors | 2 |
| Year Built | 2024 |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 3+2.5 | 128 | £1,177 | 1,325 |
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PROPERTY TAXES
| Parcel Number | K2400-00-000-0033-05 | Improvements Assessment | £0 |
| Land Assessment | £4,311 | Total Assessment | £4,311 |
PROPERTY TAXES
Parcel Number
K2400-00-000-0033-05
Land Assessment
£4,311
Improvements Assessment
£0
Total Assessment
£4,311
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Las Magnolias | 1100 E Trenton Rd
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