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Property profile & analytics
OFF-MARKET
Small apartment buildings

121 Las Palmas St San Benito, TX 78586

Built 1999
Property ID
US83-3549953
Property summary
AI-generated overview

This exceptional 1999-built apartment building, located at 121 Las Palmas Street in San Benito, Texas, presents a compelling investment opportunity. The property boasts four spacious units within a single building situated on a generous 13,030.97 square foot lot. Each unit has been beautifully renovated, offering modern upgrades and move-in ready conditions for tenants. The functional layouts and updated finishes create comfortable living spaces, attractive to renters. A key feature is the inclusion of private patios for each unit, enhancing outdoor living appeal. The property's location in San Benito, Cameron County, Texas (zip code 78586), offers convenient access to local amenities and services. The asking price for this turnkey multifamily investment is $360,000. This property is ideal for investors seeking to expand their portfolio or generate consistent rental income. The property's strong rental potential and desirable features make it a highly attractive investment in the thriving San Benito market. The property's excellent condition and modern upgrades minimize the need for immediate capital expenditures, maximizing return on investment. This is a rare opportunity to acquire a well-maintained, high-yield multifamily property in a desirable location.

Property profile
Verified
Property type Small apartment buildings
Year built 1999
UPID US83-3549953
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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