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Property profile & analytics
OFF-MARKET
Apartment buildings

2626 Avenue C Ingleside, TX 78362

800 SF 0.35 ac lot Built 2023
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Year built 2023
Total area 800 SF
Lot 0.35 ac (15,246 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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