Presenting The Village at La Plazita Apartment Complex. An income producing - 36 Unit Apartment Complex in Elsa, Texas. Not only was this property completed in early 2020, it is also almost 100% rented/occupied with a gross rental income of $367, 000 annually making it irresistible to savvy investors. This gated complex features over 900 square ft, 2 bedroom 2 bathroom units equipped with all stainless steel appliances for quick move-in. Each unit is renting for $850 a month with a $500 deposit. Located just minutes from grocery stores, restaurants, major roads and shopping plazas, this property creates a quick travel time to popular destinations. The Village at La Plazita offers a unique opportunity to own a new-construction multi-family investment property with a one year builder warranty.
Listing Office Name: Encore Fine Properties
Listing Office Phone: (956) 821-6170
Listing information provided by Greater McAllen Association of REALTORS MLS. Information is deemed to be reliable but is not guaranteed.