- For Sale $5,900,000
- Property Type Multi-Family
- Property Size 42,708 SF
- Units 48
- Lot Size 3.23 Acre
- Year Built 2007
- Date Updated May 13, 2026
Description
Well-performing and well-maintained, this 48-unit multifamily property offers a stabilized, income-producing investment in the growing San Benito market. The asset features spacious units, quality interior finishes, and strong tenant retention. Ideally located with easy access to Brownsville, Harlingen, and major thoroughfares, the property benefits from consistent rental demand. A key highlight is the value-add potential, with land and city-approved plans for an additional 16 one-bedroom units, providing a clear path for future expansion and increased revenue. Recent improvements include high-impact shingles (2023), energy-efficient windows, individually metered utilities, and a hurricane drainage system, enhancing long-term durability and efficiency.
Highlights
- Age 1120 Years Old
- Lot Size 25 Acres
- Sewer City
- Water City Water
False
Contacts
Mario Salinas
Coldwell Banker Commercial Rio Grande Valley
Location
Contact Listing Broker
Mario Salinas
Coldwell Banker Commercial Rio Grande Valley