Subdivision:
SAN BENITO LAND & WATER CO
Elementary School:
FRED BOOTH
Middle School:
CABAZA
High School:
SAN BENITO
School District:
SAN BENITO C.I.S.D.
County:
CAMERON
Apx Lot SqFt:
52272
Apx Acreage:
1.2
Remarks:
Prime 36-Unit Apartment Complex. Strong Income & Value-Add Potential. Multifamily investment opportunity. This 36-unit apartment complex features a mix of 34 two-bedroom units and 2 one-bedroom units, offering a solid foundation of stable rental income with room for upside through continued renovations and management efficiencies. Units feature semi-updated interiors. All electrical is individually metered, providing utility cost transparency for tenants, while water is serviced by two master meters. Key property features include: On-site laundry facilities for additional revenue, ample parking, office space (may be convertible into additional units or other income-generating use), and strategic location. The complex enjoys strong occupancy and presents a clear opportunity to increase NOI through rental growth, operational efficiencies, and selective capital improvements. Financial packet, pro forma, and rent roll available upon request.
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