1400 N SAINT MARYS ST
beeville, TX 781021 850 000 US$
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Presenting Sebastian Estates: A rare 24-unit value-add play in Beeville offered at an attractive $77,000/door at a 7.85 PCT CAP Rate (proforma). Twenty-four large 2-bed/1-bath units at 814 sf, all single-level (tenants love this!), durable metal roofs, separately metered power. 1.07 acres with on-site parking. On-site laundry facility provided at no cost to residents (potential to convert to coin-operated for additional income). Beeville's tenant base is anchored by recession-resistant employers: TDCJ McConnell Unit (~540 staff), Coastal Bend College, Beeville ISD, and Eagle Ford energy. With effectively no new multifamily supply in the pipeline, the rent gap closes on its own merits. In-place rents average $855 against $950 market, and 42 PCT of units are already leased at $900, proving the rent lift is real, not aspirational. Bring the bottom of the rent roll up and stabilize from 88 PCT occupancy, and the value-add play is self-executing.
Detalhes
17,258 Sq Ft
1.07 Acres privados Tamanho do lote
comercial
0 US$ Imposto mensal
Construído em 1974
MLS/ID do anúncio 1965603
SEBASTIAN ESTATES
1 Histórias
24 Unidades
Comodidades e características
Construction - Brick
Slab
Metal
Calcular a minha hipoteca
CUSTO MENSAL TOTAL
0 US$
- PRINCIPAL E JUROS
0 US$
- IMPOSTOS SOBRE A PROPRIEDADE
0 US$
- Encargos comuns
0 US$
PREÇO DA CASA
ENTRADA
TERMO
INTERESSE
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