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31606676

1000 E Stenger St, San Benito, TX 78586

MS
TX 0782645, TX TREC # 0782645 (+1)
Coldwell Banker Commercial - RGV
Listed by Coldwell Banker Commercial - RGV
$5,900,000
64 days on market
Updated 53 days ago

1000 E Stenger St

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 42,708
Units 48
Year Built 2007
Buildings 5
Stories 2
Acreage 3.230
Investment Type Value Add
Ownership Fee Simple

1000 E Stenger St, San Benito, TX 78586

Marketing description

Well-performing and well-maintained, this 48-unit multifamily property offers a stabilized, income-producing investment in the growing San Benito market. The asset features spacious units, quality interior finishes, and strong tenant retention. Ideally located with easy access to Brownsville, Harlingen, and major thoroughfares, the property benefits from consistent rental demand. A key highlight is the value-add potential, with land and city-approved plans for an additional 16 one-bedroom units, providing a clear path for future expansion and increased revenue. Recent improvements include high-impact shingles (2023), energy-efficient windows, individually metered utilities, and a hurricane drainage system, enhancing long-term durability and efficiency

Listing Contacts

MS
TX 0782645, TX TREC # 0782645 (+1)
Coldwell Banker Commercial - RGV
Listed by Coldwell Banker Commercial - RGV

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Additional Information

Name
Mario Salinas
License
0782645
Brokerage
Coldwell Banker Rio Grande Valley Commercial
Title
associate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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