Alex LaCombe - Coldwell Banker Commercial Logo
$1,850,000
( $107.19Per Sq Foot )
 $9,931 est/mo Sourced by Back At You

1400 N Saint Marys St,Beeville, TX 78102

Beeville, TX 78102

Share:

PreviousNext

Description

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 at no cost to residents (potential to convert to coin-operated for additional income). Beeville's tenant base is anchored by recession-resistant employers: TDCJ McConnell Unit (~540 staff), Coastal Bend College, Beeville ISD, and Eagle Ford energy. With effectively no new multifamily supply in the pipeline, the rent gap closes on its own merits. In-place rents average $855 against $950 market, and 42 PCT of units are already leased at $900, proving the rent lift is real, not aspirational. Bring the bottom of the rent roll up and stabilize from 88 PCT occupancy, and the value-add play is self-executing.

Details

MLS #1965603
Listing TypeFor Sale
StyleApartments
StatusActive
Year1974
Days On Site105
Listing Provided BySignature Real Estate | Erion Shehaj

Features

SQ Feet17,258
Story(s)1
ZoningCOMMERCIAL
Acreage1.07

Interior

HeatingCentral

Exterior

RoofMetal
FoundationSlab

Parking

Number Total Parking48

Utilities

UtilitiesElectricity, Water, Sewer
Gas And Electric20400

Taxes

Tax Property Id4457
Annual Tax36723
Total Tax2.94

Area Information

StateTX
CountyBee
CityBeeville
Zip Code78102
AreaBee
School DistrictBeeville ISD
Listing VS Median (in 78102)
Price:
$1,850,000
low | high
Med:
$275,000
100% of Average
sqft:
17,258
low | high
Med:
6,912
100% of Average
$ / sqft:
$107
low | high
Med:
$40
100% of Average
On site:
105
low | high
Med:
194
54.123711340206% of Average
Sourced by Back At You

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker DAnn Harper at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
IDX information is provided exclusively for LERA MLS (Local Expertise. Regional Access) consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.

Contact

Learn More About This Property

Alex LaCombe

Alex LaCombe

CBC Alamo City

790289 (210) 483-6250alacombe@cbcalamo.com
StateTX
CountyBee
CityBeeville
Zip Code78102
AreaBee
School DistrictBeeville ISD
Listing VS Median (in 78102)
Price:
$1,850,000
low | high
Med:
$275,000
100% of Average
sqft:
17,258
low | high
Med:
6,912
100% of Average
$ / sqft:
$107
low | high
Med:
$40
100% of Average
On site:
105
low | high
Med:
194
54.123711340206% of Average
Sourced by Back At You
Listing Updated: July 27, 2026 at 5:19:08 PM PDT

Alex LaCombe - Coldwell Banker Commercial