Listing Courtesy of: James Mirabal - Mirabal Montalvo & Associates
361-994-1140
$1,199,000
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1870 King David Three Rivers, TX 78071
Apartment
Residence
Beds
Baths
...
Bed/Bath
15,876
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Exceptional multifamily investment opportunity in the heart of Three Rivers, Texas! This 20-unit apartment complex offers both strong current performance and future upside with an 8.1% cap rate and room for rent increases. The property consists of twelve 2-bed/1-bath units and four 1-bed/1-bath unit...s — all recently updated with central heat and air, laundry connections, and full kitchens. Exterior amenities include private parking, tenant patios or balconies, and convenient access to IH-37, ensuring steady rental demand. Priced to sell, this is an ideal opportunity for investors seeking cash flow, appreciation potential, and a turnkey asset in a growing South Texas market.
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MLS#
469959
Property Type
Apartment
Year Built
1994
Square Feet
15,876
sq. ft
Lot Size
1.89
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