24-Unit Apartment
1400 N Saint Marys Street Beeville, TX 78102
1400 N Saint Marys Street, Beeville, TX, 78102
$1,850,000
For Sale
$1,850,000
Twenty-four single-level 2BR/1BA units with durable metal roofs and separately metered power.
Property Size17,258 SF
Lot Size1.07 Acres
Price / SF$107.20
Days on Market117
Property Features for 1400 N Saint Marys Street
General Information
- Standard status
- Active
- Size
- 17,258 SF
- Lot size
- 1.07 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1974
Listing agency
Signature Real Estate
Listed by
Erion Shehaj
(210) 824-7878
Source
Phyllisbrowning
Added: Mar 28 Updated: Jul 22 at 3:10PM Checked: Jul 22 at 3:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Real Estate
Investment Insights
Based on property information with market context.
Sebastian Estates is a 24-unit, single-level apartment community offering large 2-bedroom, 1-bath layouts in an approximately 814 SF configuration. The property features durable metal roofs and separately metered power, with on-site parking and an on-site laundry facility provided at no cost to residents. The laundry setup also presents a stated opportunity to convert to coin-operated for additional revenue. The community sits on 1.07 acres.
Sebastian Estates is located in Beeville, where the tenant base is described as being anchored by TDCJ McConnell Unit, Coastal Bend College, Beeville ISD, and Eagle Ford energy. Current leasing and rent details provided in the offering include average in-place rents of $855 versus $950 market, with 42% of units leased at $900. Occupancy is reported at 88%, and the offering notes a potential for stabilization by bringing the bottom of the rent roll up.
Sebastian Estates is located in Beeville, where the tenant base is described as being anchored by TDCJ McConnell Unit, Coastal Bend College, Beeville ISD, and Eagle Ford energy. Current leasing and rent details provided in the offering include average in-place rents of $855 versus $950 market, with 42% of units leased at $900. Occupancy is reported at 88%, and the offering notes a potential for stabilization by bringing the bottom of the rent roll up.
Key Highlights
- 24‑unit multifamily built in 1974 in Sebastian Estates
- Twenty‑four large 2BR/1BA units, all single‑level, at 814 SF each
- Durable metal roofs throughout and separately metered power
Property Analytics
Location Intelligence
Current Use by Public Records
Sebastian Estates
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Imperial Apartments
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FAQs
What type of property is this?
Apartment building - Twenty-four single-level 2BR/1BA units with durable metal roofs and separately metered power.
Where is this apartment building located?
The property is located at 1400 N Saint Marys Street Beeville, TX.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 24‑unit multifamily built in 1974 in Sebastian Estates; Twenty‑four large 2BR/1BA units, all single‑level, at 814 SF each; Durable metal roofs throughout and separately metered power
