1400 N Saint Marys St

Beeville, TX 78102
$1,850,000
Presenting Sebastian Estates: A rare 24-unit value-add play in Beeville offered at an attractive $77,000/door at a 7.85 PCT CAP Rate (proforma). Twenty-four large 2-bed/1-bath units at 814 sf, all single-level (tenants love this!), durable metal roofs, separately metered power. 1.07 acres with on-site parking. On-site laundry facility provided atRead MoreRead Less
Courtesy of Signature Real Estate, Erion Shehaj (713) 952-3200
Listing Snapshot
Days Online
2
Last Updated
Property Type
Apartments
Lot Size
1.07 Acres
Year Built
1974
MLS Number
1965603
Property Location Map
Additional Details
Building
Built in 1974, Approximate age: 52, Building/center name: SEBASTIAN ESTATES, Brick, 17,258 square feet, 1 story, 4 buildings
Foundation
Slab
Roof
Metal
Amenities
Not Applicable/None
Interior Features
Ceiling height: 10
Cooling
Central
Heating
Central
Lot
Lot size: 1.07
Property
Zoning: COMMERCIAL
Miscellaneous
Gross income: 259920.00, Net operating income: $145,290, Monthly lease: $900, Insurance: 20712.00, None, Actual, None, No, None, Maintenance: 19200.00, 24 rentals, 48 parking spaces, 24 units, Other expense: 15595.00, Other tax: 0.68
Taxes
Total tax: $3, Annual tax: $36,723, City tax: $1, County tax: $0, $1 school tax, Property Tax ID: 4457
Utilities
Gas and electric: 20400.00, Electricity, Water, Sewer
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Hank Hornsby, MAI, LREB
Hank Hornsby, MAI, LREB

Managing Director

MAI Designation - Member #588748

State Certified General Real Estate Appraiser (Texas) Certificate #TX-1380873-G

State Certified General Real Estate Appraiser (Colorado) License #CG200004226

Licensed Real Estate Broker (Texas) - License #739880
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