| Beds 0 | Baths 0 | 15,876 Sqft | 1.89 Acres |
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Property Description
Exceptional multifamily investment opportunity in the heart of Three Rivers, Texas! This 20-unit apartment complex offers both strong current performance and future upside with an 8.1% cap rate and room for rent increases. The property consists of twelve 2-bed/1-bath units and four 1-bed/1-bath units — all recently updated with central heat and air, laundry connections, and full kitchens. Exterior amenities include private parking, tenant patios or balconies, and convenient access to IH-37, ensuring steady rental demand. Priced to sell, this is an ideal opportunity for investors seeking cash flow, appreciation potential, and a turnkey asset in a growing South Texas market.
General Information
Sale Price: $1,199,000
Price/SqFt: $76
Status: Active
MLS#: 469959
Post Office: three rivers
Acres: 1.89
Lot Dimensions: -
Bedrooms:0
Bathrooms:0 (0 full, 0 half)
House Size: 15,876 sq.ft.
Acreage: 1.89 est.
Year Built: 1994
Property Type: Apartment
Style: -
Features & Room Sizes
Paved Road: -
Garage: -
Construction: -
Exterior Misc: -
Pool: Yes
Pool Description: -
Basement: -
Appliances: Electric Oven Electric Range
Cooling: Central Air
Heating: Central Electric
Waste: Public Sewer
Watersource: Public
Community/Association Features
CommunityFeatures: -
Association Amenities: -
Tax, Fees & Legal
Legal Description: ABST 33 WM O'DOCHARTY 1.29 ACRES PT OF TR 111 (HAVEN APARTMENTS) 1.29 ACRES + MURRAY HILL BLOCK 129 LOT 3 - 6 & 1/5 OF 15 0.603 ACRES
HOA fees:
Information provided by South Texas MLS Listing information provided courtesy of the Corpus Christi Association of REALTORS
®. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.
Listing By: James Mirabal of Mirabal Montalvo & Associates, Phone: (361) 994-1140
