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Listed by Coldwell Banker La Mansion Real Estate Brownsville
$ 5,900,000
Est. payment /mo
Active
1000 Stenger St. San Benito, TX 78586
42,708 SqFt
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 42,708 sqft
Price per Sqft $138
Subdivision Clara
MLS Listing ID 29775547
Year Built 2007
Lot Size 3.230 Acres
Property Sub-Type Apartment
Property 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
Location
State TX
County Cameron
Area 42708
Interior
Heating Central
Flooring Tile
Appliance Electric Water Heater, Refrigerator
Exterior
Parking Features Two Car Garage
Garage Description 2
Utilities Available Cable Connected
Garage Yes
Building
Story Two
Foundation Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools Dr.Cash
Middle Schools Miller Jordan
High Schools San Benito
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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