|Price/Rent PSF||$ 325,000.00|
|SQ. FT. Available||4,700|
Standing in the heart of Elsa, this six-plex sits across Austin Street
from John F. Kennedy Elementary School. The units are just under a mile away from Edinburg Avenue, the main thoroughfare connecting the upper Rio Grande Valley.
Stone Ridge Elsa is a six-plex that was built in 2006 and is still in excellent condition. It commands approximately $38,640 of gross scheduled rent, houses 4,700 inhabitable SF, and is directly across from the city of Elsa's elementary school. There are 4 2/1s that average 900 SF each, and two 2/1s that average 550 SF each. Because the small size and good condition of the property, this is a perfect deal for someone trying to break into multifamily investing.