The Weslaco/Edinburg Portfolio consists of three assets in Weslaco and one in Edinburg, comprising 43 units with an average size of 714 square feet. The owner has successfully increased rents on renovated units by up to $230 per unit per month, with an opportunity to further drive revenue by renovating the remaining five classic units. The portfolio maintains strong occupancy at 95%, outperforming market comparables averaging 94% occupancy. The Weslaco/ Edinburg Portfolio is being offered free and clear of existing debt.

McAllen-Edinburg-Mission MSA’s population exceeds 914,000. The properties are near several major employers, including Doctor’s Hospital at Renaissance, The University of Texas Rio Grande Valley, and Edinburg Regional Medical Center. The entire portfolio (starting in Edinburg) can be driven in 27 minutes.