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Newly Constructed Apartment Complex For Sale

Location  Texas,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $0
Net Profit / Cash Flow  $11000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2006
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Reason for Sale  Investment Opportunity.

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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