- For Sale $900,000
- Property Type Multi-Family
- Property Size 11,648 SF
- Units 16
- Lot Size 0.38 Acre
- Property Tenancy Multi-Tenant
- Year Built 2007
- Date Updated Apr 2, 2024
Located off IH35. Encinal, Texas is 27 miles south of Cotulla in the southwestern La Salle County and one hour away from Pearsall, Texas.This multi-family apartment complex is 100% occupied. The property is well maintained, with tile flooring, washer/dryer connections, and central heat and air conditioning. Ample amount of parking for residents and guest. This is a great opportunity for first time investors or for those looking to add a stabilized property to their portfolio.
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Attachments
Highlights
- Fully Occupied
- 8% Cap Rate
- Located conveniently to IH35
False
Contacts
Location
Getting Around
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Walk Score ®
18/100
Car-Dependent
-
Bike Score ®
36/100
Somewhat Bikeable
Powered by Walk Score ®
- City Encinal, TX
- Neighborhood Encinal
- Zip Code 78019
Points of Interest
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Love's
0.38 miles
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Road Ranger
0.46 miles
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Las Norias Bar & Grill
0.18 miles
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Encinal Cafe
0.20 miles
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Subway
0.39 miles
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Church's Chicken
0.48 miles
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Encinal Elementary School
0.41 miles
Frequently Asked Questions
What is the lease rate for Fully Occupied 16 unit Apartment Complex 1 hour from Pearsall, Texas?
Rental asking rate at Fully Occupied 16 unit Apartment Complex 1 hour from Pearsall, Texas is $450,000.00/YR.
What is the total square footage of Fully Occupied 16 unit Apartment Complex 1 hour from Pearsall, Texas?
Fully Occupied 16 unit Apartment Complex 1 hour from Pearsall, Texas totals 11,648 square feet.
When was this property built?
Fully Occupied 16 unit Apartment Complex 1 hour from Pearsall, Texas was built in 2007.
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