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Brownsville

Brownsville, Texas 78520

  • 28 beds
  • 24 baths
  • 16962 sqft

Description

Interest for πŸ”₯24 Unit Apartment in Brownsville, TX — CLEAN!!πŸ”₯

1800 Palm Blvd, Brownsville, TX 78520

 Potential over 10 CAP!!

 

Property Overview

24 Total Units

Commercial Apartments (2 buildings)

16,962 sqft (total)

  • Building 1: 11, 406 sqft
  • Building 2: 5,556 sqft

28 beds / 24 baths (total)

  • 18 - 1 bed / 1 bath
  • 4 - 2 beds / 1 bath
  • 2 studios

1950 build

Lot Size: 0.92 acres

 

Walkthrough Video: https://www.dropbox.com/sh/hpckykazh9ukrua/AABhCWpiVMRyu5g2ZlQFZupEa?dl=0

 

Financials

https://www.dropbox.com/sh/rn653xhu3p56mut/AAB7J9hcCs-C2oTkFBvrEGT_a?dl=0

 

Property Condition

Current Monthly Rent: $17,600

Potential Monthly Rent: $22,000

 

Property Condition

Roof replaced in 2018 with a 25-year warranty

Building 1 has Central AC

Building 2 has Window Units

9 units are Section 8 housing authority funded

 

More Photos

https://www.dropbox.com/sh/ar4uqikc7esaeh7/AADTO-UpVhlNROU07FrjBwXza?dl=0

 

Asking Price: $1,699,999

Closing Date: 07-11-2022 or sooner

 

Call or text Holly / Marc for more details on this πŸŒ‹HOT DEAL!πŸŒ‹ (210) 861-0922 / (210) 844-3099

Click the BUY IT NOW button to lock this one down and avoid bidding wars βš”οΈβš”οΈ

Type

Multi family

Parking

Assigned

Year build

1950

Lot size

0.92 acres

Bedrooms

28

Sq. Footage

16962

Bathrooms

24


Thank you for your interest in this assignment of contract. Since you are interested in taking the next step, please fill out this form to get details on visiting the property in person to conduct your own due diligence. Our process is to gauge your interest in purchasing the property and setting up a day for you to conduct your inspection of the property. We are looking to partner with only one investor to purchase this property.

Features

Property Facts

  • Purchase Price : $ 2M
  • After Repair Value : $ 2M
  • Property Type : Multi Family
  • Deal Type : Wholesale Deal
  • Year Build : 1950
  • Parking : Attached Garage
  • Lot Size : 40075 sqft
  • Zoning : Yes

Nearest Airport

  • Brownsville0.15 mi

Map

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Posted By Off-Market Deals Guy 01:57 PM 14 Jun 2022