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Listed price in listed location currency (USD).
$1,975,000

000

MLS® 472199

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 23816 sqft
Garage No
HOA Fees $15,155
Taxes $21,265
Days Active 191
Approx. Age 1994
Avg. Price Per Sqft $82
MLS® Number 472199

Property Address: 2095 La Palma St, San Benito, TX, 78586

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number472199
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelLaundry Area
Exposure
Exterior
GarageNo
Approx. Age1994
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

May 27, 2025List Date
$1,975,000List Price
  • Commute

Commute

Starting Address
Destination Address
2095 La Palma St, San Benito, TX

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