601 Ricky Crossland AveElsa, TX 78543

This exceptional investment opportunity presents a three-unit apartment building ideally situated in Elsa, Texas, at 601 E Ricky Crossland Avenue, zip code 78543. Built in 1994, this property boasts two single-story buildings situated on a 0.234-acre lot, providing ample space and parking for residents. The property features a total of four parking spaces. Each of the three units benefits from its own separate electricity meter, ensuring efficient utility management. All units share a single water meter. Currently operating at 100% occupancy, the property generates a monthly rental income of $2,265. This translates to a strong return on investment. The property's prime location offers convenient access to local amenities, being just one block away from a HEB grocery store and various restaurants. Seller financing is available with attractive terms: 20% down payment, 10% interest rate, and a loan term of up to 20 years, resulting in monthly payments of $1,399.28 (excluding taxes and insurance). This turnkey investment is ready for immediate income generation. The property's size is not specified in the provided information.