4841 TX-35, Rockport, TX 78382

Apartment Building with eight units. Long term stable tenants. 2024 Gross income per current written leases: $101,580.

Apartments were remodeled in 2018 with quartz counters and complete bathroom remodel. Six RV sites with 20/30/50 amp service - separate septic in place - collection lines have not been installed.

• City water

• 2017 metal roof - 160 mph wind rated

• shatterproof windows

• sound insulated on highway side

• 2018 cabinets, counters, bathroom replacement

• 1st Floor vinyl plank flooring; 2nd Floor Interface commercial tiles in bedrooms and vinyl plank

• 2 traditional septics serve apartment building

The additional RV sites have water lines and metered electric pedestals. Sites could be rented after installation of collection lines to an existing unused septic system. Potential additional income if rented for RV or Tiny Home sites.

The owner/seller is a licensed Texas real estate broker. Owner will continue property management if requested for 8%. The financial files available on the due diligence section are accurate.

The asking price has been reviewed by the current lender and confirmed they will underwrite a loan at this amount.

NO OWNER FINANCING

DO NOT APPROACH TENANTS.