Apartment Complex For Sale Los Fresnos Tx
This property is an 9-unit apartment building. Six units are 2-bedroom. Two units are one-bedroom, and there is one three-bedroom unit. There is also a Walmart and the county’s #1 rated elementary & middle just a 5-minute drive away!
With an additional 4 acres of land the investment possibilities are endless!
9 unit apartment complex
6 two bedroom units
2 one bedroom units
1 three bedrooms unit
4.34 acres of land behind apartment complex!
6,362 total sq ft
After Repair Value: $450k-$500k
Estimated Rehab Costs: 30k-50k
$5,005 monthly rent roll. Easily increased with a little rehab.
Minutes away from Walmart
Minutes away from #1 rated elementary & middle school in Cameron County!
Right off of Hwy100 that brings you to Padre Island.
Los Fresnos is the fastest growing city in the county!