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Listed by Edgar De La Garza • MKZ Realty
$ 2,950,000
Est. payment | /mo
40,000 SqFt
$ 2,950,000
Est. payment | /mo
40,000 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 40,000 sqft
Price per Sqft $73
Subdivision El Jardin Sdbv
MLS Listing ID 29765291
Year Built 2007
Lot Size 3.960 Acres
Property Sub-Type Commercial
Property Description
Incredible investment opportunity in the rapidly growing Brownsville market! This fully leased, income-producing property includes a 24-unit multifamily apartment complex, two fully occupied commercial buildings facing the main road, and approximately 3 acres of land at the rear with development potential for an estimated 48 additional multifamily units (subject to city approval). Located just minutes from SpaceX Starbase, Port of Brownsville, and the new LNG plant, this property offers a rare combination of immediate cash flow and long-term growth potential. High occupancy, strong rental demand, and major infrastructure developments nearby make this a strategic buy for investors or developers. Don't miss this opportunity to acquire a stabilized asset with value-add upside in one of South Texas' most promising locations.
Location
State TX
County Cameron
Interior
Heating Central, Electric
Flooring Tile
Exterior
Exterior Feature Stucco
Parking Features Blacktop, Paved
Building
Story Two
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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4810 N Raul Longoria Ste 2, Juan, Texas, 78589, United States