Newly Constructed Apartment Complex For Sale

Listing ID: 70046542

Listing Title: Newly Constructed Apartment Complex For Sale

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Industry: Real Estate

Industry Segment: Other Real Estate

Country: United States

State / Province: Texas

Area Central Texas

City: Brownsville Texas

Asking Price Range: $1.0M - $2.5M

Gross Revenues: Seller Will Provide

Cash Flow: $11,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2006

Number of Employees: 1 - 3

Business Description:
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.

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