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Investment Highlights

  • Seller-reported 12% Cap Rate
  • Immediate in-place cash flow - Established rental market with consistent occupancy
  • Corner Lot Location
  • Eight (8) fully occupied two-bedroom/one-bath apartment units
  • Additional 6,098 SF vacant lot included in the sale- Value-add and expansion potential (subject to local regulations)
  • Convenient access to US Highway 83, retail, schools, and community amenities

Executive Summary

123 Bethel Street presents the opportunity to acquire a stabilized, income-producing multifamily asset in Roma, Texas. The property consists of eight (8) fully occupied two-bedroom, one-bath apartment units situated on a corner lot and is currently generating a seller-reported 12% capitalization (Cap) rate, providing immediate cash flow from day one.
Included in the offering is an adjacent 6,098-square-foot vacant lot, creating additional value through future expansion, redevelopment, or other value-add improvements, subject to local approvals. The property's standardized unit configuration simplifies management while appealing to a broad tenant base.
Conveniently located near schools, retail, restaurants, and US Highway 83, the asset benefits from established rental demand and strong accessibility within the Roma market.
This offering is well suited for investors seeking stable in-place income with future upside through strategic improvements, rental optimization, or development of the additional land.
Investment Highlights
Seller-reported 12% Cap Rate
Eight (8) fully occupied two-bedroom/one-bath apartment units
Immediate in-place cash flow
Corner lot location
Additional 6,098 SF vacant lot included in the sale
Value-add and expansion potential (subject to local regulations)
Established rental market with consistent occupancy
Convenient access to US Highway 83, retail, schools, and community amenities

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $275,000
Price Per Unit $34,375
Sale Type Investment
Cap Rate 11.93%
Gross Rent Multiplier 7.16
No. Units 8
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Low-Rise
Lot Size 0.28 AC
Building Size 5,214 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1987/2021
Zoning Suburban Residential SF

Amenities

Unit Amenities

  • Cable Ready
  • Storage Space
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Range

Site Amenities

  • Laundry Facilities
  • Storage Space
  • Private Bathroom
  • Walk-Up
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
14240-00000-03500-000000
Land Assessment
$15,030
Improvements Assessment
$150,020
Total Assessment
$165,050
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 41363121

  • Date on Market: 7/20/2026

  • Last Updated:

  • Address: 121 N Bethel St, Roma, TX 78584

Contact the Sale Advisor

121 N Bethel St - 8-Unit Multi-Family | 100% Leased | 12% CAP

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