For Sale
$349,000

131 Las Palmas St San Benito, TX 78586

Four-unit apartment building, fully occupied.

Overview

Added:
Dec 11, 2024
Days on market:
131
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.

Highlights

  • $349,000 asking price.
  • Four-unit multifamily apartment building.
  • Located at 131 Las Palmas Street, San Benito, TX 78586.
  • Built in 1999.
  • 13,030 square foot lot.
  • Each unit features two bedrooms and two bathrooms.

Property Details for 131 Las Palmas St

Property type
Apartment buildings, Small apartment buildings
Year Built
1999
Buildings
1
Units
4

Location Insight

City
San Benito
County
Cameron
State
Texas
Latitude
26.1283016
Longitude
-97.6196611
131 Las Palmas St, San Benito, Texas

FAQs

What type of property is this?
Apartment building - Four-unit apartment building, fully occupied.
Where is the apartment building located?
The property is located at 131 Las Palmas St San Benito, TX.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: $349,000 asking price.; Four-unit multifamily apartment building.; Located at 131 Las Palmas Street, San Benito, TX 78586.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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131 Las Palmas St
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