720 Kenedy Ave Kingsville, TX 78363

This exceptional investment opportunity presents a 14-unit apartment building located at 720 W Kenedy Ave, Kingsville, TX 78363. The property, situated on a 24,508 sq ft lot (APN 12423), comprises two, two-story buildings totaling 10,478 square feet. Built in 1950 and extensively renovated in 2023 and 2024, this Class B multifamily property offers a mix of 8 two-bedroom/one-bathroom and 6 one-bedroom/one-bathroom units. Each unit boasts modern amenities following recent renovations. The property features ample parking and convenient on-site coin-operated laundry facilities. Currently zoned for commercial use, this property is ideally located near Texas A&M Kingsville and NAS Kingsville, ensuring a strong tenant pool. The asking price is $1,200,000, translating to $114.53 per square foot and $85,714.29 per unit. The current owner is approved for Section 8 housing, providing a stable income stream. This is an owner/user investment opportunity with significant potential for consistent rental income. The property's strategic location and recent renovations make it an attractive investment for those seeking a strong return on investment in the thriving Kingsville market. This is a turnkey operation ready for immediate income generation.