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Apx Lot SqFt:
12893
County:
CAMERON
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Legal Description:
CHICAGO GARDENS SUBDIVISION 0.2960 ACRE OUT OF 3.72 ACRES BLK 18 (VOL Q PG 119 CCMR)
Remarks:
Prime Investment Opportunity in Brownsville, TX! NOI: $56, 364.90 Cap 7% Located at 155 N Iowa Ave, this newly remodeled 8-unit apartment complex is the perfect addition to your portfolio. Each 2-bed, 1-bath unit boasts modern upgrades, including new tile flooring, quartz countertops, stainless steel appliances, and brand-new AC units for tenant comfort. The two-story layout offers a clean, contemporary feel, while ample parking (2 spaces per unit) ensures convenience. Situated in a high-demand rental market, this property is just minutes from SpaceX, shopping, dining, and major highways, making it ideal. With strong rental income potential and low maintenance costs due to recent renovations, this is a turnkey investment you don’t want to miss. Don’t let this opportunity pass—schedule a showing today!
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