Red Cedar Apartments 401 E Texas St Immeuble residentiel 14 lots 860 377 € (61 455 €/Lot) Taux de capitalisation 8,57 % Brazoria, TX 77422

Seller is offering 35,000 allowance. Unlock the potential of this rare income-producing property located in the heart of Brazoria. Spanning 1.32 acres, this single-story apartment complex features 14 total units including: (12) 1/1, (1) 1/1 with a utility room, and (1) 2/1. The single-level design ensures easy access to all residences, catering to a wide range of tenants. Residents enjoy a shaded canopy area for added comfort and convenience, while an on-site storage building provides additional space for management or operational needs. With a consistent occupancy history and strong rental income potential, this property is ideal for both seasoned investors and those entering the multi-family market. Centrally located near schools, retail, and major employers, this complex is perfectly positioned to attract long-term tenants. Don't miss this excellent opportunity to grow your investment portfolio.