2626 Avenue C Ingleside, TX 78362
This exceptional investment opportunity presents a fully occupied, four-unit apartment building in Ingleside, Texas. Constructed in 2023 from repurposed shipping containers, this two-story building boasts 800 square feet per unit, totaling 3200 square feet on a 0.35-acre lot. Each unit is furnished and features an open floor plan, modern appliances, central air conditioning and heat, laminate flooring, solid countertops, and ample storage. The property enjoys 100% occupancy, generating a substantial net operating income (NOI) of $91,100, resulting in a compelling 10.99% capitalization rate. The asking price is $829,300, or $2160 per unit. Situated in a prime location, the property is conveniently close to local amenities, offering residents easy access to shops, restaurants, and recreational activities. The property is zoned R and features ample parking and landscaping, enhancing its appeal and value. This turnkey investment provides immediate cash flow and significant potential for future appreciation. The well-maintained structure, combined with its strong financial performance and desirable location, makes this a truly remarkable opportunity for discerning investors seeking a high-return, low-maintenance property. The building's unique construction from repurposed shipping containers offers both durability and a modern aesthetic.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.