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The Real Agency Group
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San Benito, Texas

2095 La Palma Drive

San Benito, TX 78576

$1,975,000

Recámaras
N/A
Baños
N/A
Pies cuadrados
23,816
Terreno
1.2 acres
Año de construcción
1994
Tipo
Multi-family
Estatus
For Sale
MLS #
472199

Mortgage estimate

$13,808/ month

20% down, 30 years, 6.5% rate. Includes estimated taxes and insurance.

Adjust the estimate

Estimates only, not a loan offer. Actual taxes, insurance, financing and closing costs vary.

Acerca de esta casa

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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