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1200 E Houston St
Beeville, TX 78102
Normandy Apartments · Multifamily Property For Sale
·
48 Units
INVESTMENT HIGHLIGHTS
- The property is currently empty and needs extensive renovation
- Stable area occupancy
- Blue collar profile
- Excellent access to US Hwy 59 and Hwy 181
- Strategically located between Corpus Christi and San Antonio
- Excellent value-add investment
EXECUTIVE SUMMARY
Normandy Apartments is a 1976 vintage, 48 unit, garden-style apartment community located in Beeville, Texas, strategically located between Corpus Christi and San Antonio, Texas. The 1200 E Houston St location in the 78102 neighborhood of Beeville has much to offer its residents. Normandy Apartments offers a large selection of amenities and features including: convenient on-site parking options.
The subject consists of 48 units in seven, two-story buildings in an older garden style apartment complex. The units consist of one-bedroom/one-bathroom units and two
different sizes of two-bedroom/one-bathroom units. There are no garages and the on-site parking is a mixture of covered spaces and open spaces with an asphalt surface.
The property is currently vacant.
The subject consists of 48 units in seven, two-story buildings in an older garden style apartment complex. The units consist of one-bedroom/one-bathroom units and two
different sizes of two-bedroom/one-bathroom units. There are no garages and the on-site parking is a mixture of covered spaces and open spaces with an asphalt surface.
The property is currently vacant.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 1.06 AC |
| Sale Condition | Deferred Maintenance | Building Size | 44,720 SF |
| No. Units | 48 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1976 |
| Apartment Style | Garden | Parking Ratio | 1.19/1,000 SF |
| Building Class | C |
| Sale Type | Investment |
| Sale Condition | Deferred Maintenance |
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.06 AC |
| Building Size | 44,720 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 1976 |
| Parking Ratio | 1.19/1,000 SF |
AMENITIES
UNIT AMENITIES
- Balcony
- Cable Ready
- Kitchen
- Refrigerator
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Recycling
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 24 | - | 700 |
| 2+1 | 24 | - | 1,000 - 1,150 |
PROPERTY TAXES
| Parcel Number | 5401 | Improvements Assessment | $755,060 |
| Land Assessment | $177,530 | Total Assessment | $932,590 |
PROPERTY TAXES
Parcel Number
5401
Land Assessment
$177,530
Improvements Assessment
$755,060
Total Assessment
$932,590
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