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1400 N Saint Marys St
Beeville, TX 78102

$1,850,000 USD

Apartments For Sale • 5,038 SF

Property Details

Property Type Apartments
Total Building Size 19,536 SF
Lot Size 1.07 AC
Building Class C
Year Built 1974
Cap Rate 7.85 %
Zoning -Multi family

50 Walk Score

                
                    Highlights
                
                                $77,000 per door, well below replacement cost
                            
                                88% occupied with clear lease-up runway
                            
                                All single-level construction 
                            
                                Durable metal roofs across the property
                            
                                Recession-resistant tenant base
                            
                                Effectively no new multifamily supply in the Beeville pipeline

Financial Summary (Proforma)

Net Operating Income: $146,621 USD (2026)

Cap Rate:	7.85 %
Total Expenses:	$114,630 USD

Amenities

Air Conditioning
Laundry Facilities
Refrigerator
Range

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	48
Type:	Surface
Included in Rent:	Yes

Erion Shehaj 713-922-2702 Signature Real Estate

1400 N Saint Marys St Beeville, TX 78102