TX > San Benito > San Benito Land & Water Co
San Benito, TX 78576,2095 LAS PALMAS DR.
San Benito, TX 78576,2095 LAS PALMAS DR.
San Benito, TX 78576,2095 LAS PALMAS DR.
San Benito, TX 78576,2095 LAS PALMAS DR.
San Benito, TX 78576,2095 LAS PALMAS DR.
San Benito, TX 78576,2095 LAS PALMAS DR.
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Empower Realty Group

Empower Realty Group

+1(956) 467-5896
Listed by JOSEPH BOONE TYSON • TNT Real Estate
$ 1,975,000
Est. payment | /mo

1.2 Acres Lot

Save
$ 1,975,000
Est. payment | /mo
Save

1.2 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Apartment (10+)

Listing Status Active

Purchase Type For Sale

Subdivision San Benito Land & Water Co

MLS Listing ID 29765534

Year Built 1994

Lot Size 1.200 Acres

Property Sub-Type Apartment (10+)

Property Description

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.

Location

State TX

County Cameron

Area San Benito

Interior

Interior Features Ceiling Fan(s)

Heating Central, Electric

Flooring Carpet, Linoleum, Vinyl, Other

Exterior

Exterior Feature Slab

Parking Features One Car

Fence Chain Link

Community Features None

Building

Story Two

Foundation Slab

Sewer Public Sewer

Schools

Elementary Schools Fred Booth

Middle Schools Cabaza

High Schools San Benito

School District San Benito C.I.S.D.

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

advisor-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(956) 467-5896

admin@empower-realty.com

4810 N Raul Longoria Ste 2, Juan, Texas, 78589, United States

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2095 LAS PALMAS DR.