131 Las Palmas St San Benito, TX 78586
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 131 Las Palmas St
- Year built
- 1999
- Property type
- Small apartment buildings
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Benito
- County
- Cameron
- State
- Texas
- Longitude
- -97.6196611
- Latitude
- 26.1283016
