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Newly Constructed Apartment Complex For Sale
Location: United States -> Texas -> Central Texas -> Brownsville Texas
Industry: Real Estate > Other Real Estate

Business Summary

Two(2) 10 unit apartment complex for sale, totalling 20 units. 2 bedroom 1 bath approx. 780 sq ft per unit, totalling approx. 7,770 sq. ft. 18 out of 20 exact same size and layout. Other 2 units accomodated for handicap(wheelchair accessible). There are connections for a stack washer & dryer. Each unit will be responsible for all utilities, cable(tv), water(sewage), and telephone. Sits on a 1/2 city block in the historic downtown area of Brownsville, Texas. Located within 1 to 1 1/2 mile from the international bridge leading into Mexico, Matamoros, Tamp., and also within 1 1/2 mile from the University of Texas, Brownsville & Texas Southmost College. 18% of total area beautifully landscaped and with irrigation system.

Still under construction, set to be completed by October 1st., 2006 and we are willing to owner finance. Contact for more information on this Apartment Complex for sale.


Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   Seller Will Provide
Cash Flow:   $11,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2006
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  Investment Opportunity.

Print Listing Id: 70046542
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