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113 East Hefferman Street
Beeville, TX 78102
Asking Price
$1.20M
Cap Rate
8.57%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
OPPORTUNITY TO ADD ~$120,000 INCOME WITH 15 ADDITIONAL UNITS <p><strong>Investment Highlights:</strong></p><p>• 20 income-producing units (core asset)</p><p>• Additional buildings included for value-add expansion of 15 units</p><p>• Efficient unit sizes aligned with strong workforce demand</p><p>• Favorable basis with both yield and upside</p><p>• Clear path to NOI growth </p><p>For investors seeking a <strong>hybrid profile—current cash flow with scalable upside—Colonial Apartments stands out as a highly actionable opportunity</strong>.</p>
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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657
