Yadira Lopez · REALTOR® · TREC #801199 · RCR Real Connect Realty (broker license #9012393)

Property sheet · MLS# 29765534 · https://yadiralopez.com/properties/2095-las-palmas-dr-san-benito-tx-78576-29765534

Income property · For sale

2095 Las Palmas Dr., San Benito, TX 78576

$1,975,000

36
units
23,816
ft²

MLS# 29765534 · Listed by Joseph Boone Tyson, TNT Real Estate · Tel. 956-621-6714

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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.

Details

Type
Income property · Apartment
Status
For sale
MLS#
29765534
Price
$1,975,000
Price per ft²
$83
Units
36
Living area
23,816 ft²
Lot size
1.2 acres
Year built
1994
Subdivision
San Benito Land & Water Co
City
San Benito
County
Cameron
Days on market
521
Listed
May 28, 2025
Last updated
Oct 1, 2026, 12:47 PM CT

Location

2095 Las Palmas Dr., San Benito, TX 78576 Open in Google Maps (opens in a new tab)

$1,975,000MLS# 29765534
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