5824 SOUTHMOST RD. Active

Brownsville,TX 78521

$ 2100000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Apartment (10+)

Listing Status Active

Purchase Type For Sale

Subdivision Esperanza Place

MLS Listing ID 29762679

Year Built 1983

Lot Size 2.000 Acres

Property Sub-Type Apartment (10+)

Property Description

Amazing upside potential for repositioning. Solidly built block and stucco construction consisting of three 8-unit buildings for a total of 24 units. There are 3 and 4 bedrooms. They sit on 2 acres of land. Excellent location for easy access to Boca Chica beach where Space X Star Base is located. As well as easy access to the Port of Brownsville, where the new LNG plants are being built. Lots of upside potential for upgrading to increase rents substantially. They are current well below market. Many of the upgrades have been completed by the current owner. ; New roofs on all buildings, New existing paint, New 6-foot perimeter fencing, New concrete driveway and parking.

Location

State TX

County Cameron

Area Brownsville

Interior

Interior Features Smoke Alarm(s)

Heating Other

Flooring Tile

Exterior

Exterior Feature Slab

Parking Features Two Car

Fence Chain Link

Community Features None

Building

Story Two

Foundation Slab

Sewer Public Sewer

Schools

Elementary Schools Southmost

Middle Schools Besteiro

High Schools Lopez

School District Brownsville I.S.D.

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Virtual Tour https://tour.usamls.net/5824-Southmost-Rd-Brownsville-TX-78521/unbranded

View More
Favorite Go Tour