$289,000
4 units7,024 ft²Built 1983
140 Las Palmas St San Benito
MLS# 29779740 · Listed by Ricardo Benavides, KELLER WILLIAMS LRGV
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
$1,975,000
MLS# 29765534 · Listed by Joseph Boone Tyson, TNT Real Estate · Tel. 956-621-6714
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.
2095 Las Palmas Dr., San Benito, TX 78576 Open in Google Maps (opens in a new tab)
Listed by Joseph Boone Tyson · TNT Real Estate · [email protected]
Office contact: 956-621-6714
MLS# 29765534 · Last updated