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.
Bedrooms0 |
Bathrooms0 |
Square Feet15876 |
Year Built1994 |
Car Parking- |
If you would like to see this property, please don't hesitate to contact me.
James MirabalMirabal Montalvo & Associates
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Office LocationMirabal Montalvo & Associates
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