Excellent investment opportunity with this six-unit apartment complex offering strong income potential. The property consists of four 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, providing a desirable mix for tenant demand. Several units are currently under construction, presenting a great value-add opportunity for the right investor to complete finishes and maximize rental income. Ideally located just minutes from the Formosa plant, this property is positioned in a high-demand rental area, making it attractive for workforce housing. With upside potential and a prime location, this multi-unit property is a great opportunity to expand or start your investment portfolio.
| MLS # | 474916 |
|---|---|
| Listing Type | For Sale |
| Style | Apartment |
| Sub-Type | Resale |
| Status | Active |
| Year | 1970 |
| Days On Site | 129 |
| Listing Provided By | Keller Williams Coastal Bend | Paula Braune |
| SQ Feet | 4,252 |
|---|---|
| Story(s) | 2 |
| Units | 6 |
| Building(s) | 1 |
| Acreage | 0.11 |
| Lot Features | Corner Lot |
|---|
| Parking Features | Asphalt, Front Entry |
|---|
| State | TX |
|---|---|
| County | Calhoun |
| City | Port Lavaca |
| Zip Code | 77979 |
| Community Name | Bonorden Port Lavaca |
| Listing VS Median (in Bonorden Port Lavaca) | |
Price: $424,900 low | high Med: $424,900 sqft: 4,252 low | high Med: 4,252 $ / sqft: $100 low | high Med: $100 On site: 129 low | high Med: 129 | |
| State | TX |
|---|---|
| County | Calhoun |
| City | Port Lavaca |
| Zip Code | 77979 |
| Community Name | Bonorden Port Lavaca |
| Listing VS Median (in Bonorden Port Lavaca) | |
Price: $424,900 low | high Med: $424,900 sqft: 4,252 low | high Med: 4,252 $ / sqft: $100 low | high Med: $100 On site: 129 low | high Med: 129 | |