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131 Las Palmas St San Benito, TX 78586

For Sale
$349,000

Four-unit apartment building, fully occupied.

Description

Added:
Dec 11, 2024
Days on Market:
364
This exceptional investment opportunity presents a fully occupied four-unit apartment building located at 131 Las Palmas Street, San Benito, Texas, 78586. Built in 1999, this property sits on a spacious 13,030.97 square foot lot and comprises a single building housing four generously sized units. Each unit boasts two bedrooms and two bathrooms, providing comfortable living spaces for tenants. The property's design includes private backyards for each unit, offering residents a degree of privacy and outdoor space. Covered parking is also provided for the convenience of all occupants. A key advantage for investors is that each tenant is responsible for their own utility payments, minimizing management complexities and maximizing rental income. The asking price for this turnkey investment is $349,000. This property presents a compelling opportunity for investors seeking a stable, cash-flowing asset in the desirable San Benito, Texas market. The property's strong occupancy rate and desirable features make it an attractive investment for both seasoned investors and those new to the multifamily market. The location in Cameron County, Texas, offers a promising environment for long-term growth and appreciation.

Property Features for 131 Las Palmas St

General Information

Property type
Multifamily properties

Building Details

Year Built
1999
Buildings
1
Units
4

HighLights

  • $349,000 asking price.
  • Four‑unit multifamily apartment building.
  • Located at 131 Las Palmas Street, San Benito, TX 78586.
  • Built in 1999.
  • 13,030 square foot lot.
  • Each unit features two bedrooms and two bathrooms.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Small apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
San Benito
County
Cameron
State
Texas
Longitude
-97.6196611
Latitude
26.1283016

FAQs

What type of property is this?
Multifamily property - Four-unit apartment building, fully occupied.
Where is this multifamily property located?
The property is located at 131 Las Palmas St San Benito, TX.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: $349,000 asking price.; Four-unit multifamily apartment building.; Located at 131 Las Palmas Street, San Benito, TX 78586.
More about this property
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