Prime 36-Unit Apartment Complex. Strong Income & Value-Add Potential. Multifamily investment opportunity. This 36-unit apartment complex features a mix of 34 two-bedroom units and 2 one-bedroom units, offering a solid foundation of stable rental income with room for upside through continued renovations and management efficiencies. Units feature semi-updated interiors. All electrical is individually metered, providing utility cost transparency for tenants, while water is serviced by two master meters. Key property features include: On-site laundry facilities for additional revenue, ample parking, office space (may be convertible into additional units or other income-generating use), and strategic location. The complex enjoys strong occupancy and presents a clear opportunity to increase NOI through rental growth, operational efficiencies, and selective capital improvements. Financial packet, pro forma, and rent roll available upon request.
For sale
$1,975,000
2095 La Palma St, San Benito, TX 78586
3beds
2baths
23,816sqft
Est.:
Apartment, Multi Family
Built in 1994
-- sqft lot
$-- Zestimate®
$83/sqft
$-- HOA
What's special
- 77 days
- on Zillow |
- 43 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: July 29, 2025 at 08:49am
Listed by:
Joseph Tyson 956-322-3020,
Tnt Real Estate
Source: Greater McAllen AOR,MLS#: 472199
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater, Refrigerator, Stove/Range
- Laundry: Laundry Area
Features
- Ceiling Fan(s)
- Flooring: Carpet, Other, Vinyl
- Windows: Double Pane Windows
Interior area
- Total structure area: 23,816
- Total interior livable area: 23,816 sqft
Property
Parking
- Parking features: No Carport, No Garage
Features
- Patio & porch: Deck/Balcony/Porch
- Fencing: Chain Link,Non Privacy
Lot
- Size: 1.2 Acres
Details
- Additional structures: Laundry Facility, Office
- Parcel number: 6108201240009310
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment, Multi Family
Materials
- Brick, Wood Siding
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1994
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: None, Thermostat
Community & HOA
Community
- Features: Curbs, Street Lights
- Subdivision: San Benito Land & Water Co.
HOA
- Has HOA: No
Location
- Region: San Benito
Financial & listing details
- Price per square foot: $83/sqft
- Annual tax amount: $21,265
- Date on market: 5/27/2025
- Road surface type: Paved
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