Colonial Apartments
OPPORTUNITY TO ADD ~$120,000 INCOME WITH 15 ADDITIONAL UNITS
Marketing description
Colonial Apartments is a compelling opportunity to acquire a stabilized, cash-flowing multifamily asset with embedded 75% upside in Beeville, Texas.
The investment is anchored by 20 operational units across 115 and 117 E. Hefferman Street, delivering immediate in-place income. These units are efficiently designed (~440SF each), well-suited to the local workforce rental base, and provide a reliable foundation for consistent occupancy and collections.
What differentiates this offering is the additional three structures included in the sale, which create a clear path for future income expansion. These buildings offer an investor the ability to Renovate and bring 15 additional units online for an increase of ~$119,000 income.
This property allows a buyer to acquire with stabilized income already in place, while retaining significant upside through phased improvements and lease-up of the ancillary buildings.
Investment highlights
Investment Highlights:
• 20 income-producing units (core asset)
• Additional buildings included for value-add expansion of 15 units
• Efficient unit sizes aligned with strong workforce demand
• Favorable basis with both yield and upside
• Clear path to NOI growth
For investors seeking a hybrid profile—current cash flow with scalable upside—Colonial Apartments stands out as a highly actionable opportunity.
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