121 N Bethel St - Apartments FOR SALE


Roma, TX 78584
$275,000 USD
956-522-9548
121 N Bethel St, Roma, TX for Sale
$275,000 USD
Apartments - FOR SALE
1/10
null | 11.93% Cap Rate

121 N Bethel St
Roma, TX 78584


HIGHLIGHTS

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

OVERVIEW

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

FOR SALE DETAILS

PRICE

$275,000 USD

PRICE/SF

$53 USD /SF

# OF UNITS

8

PRICE/UNIT

$34,375

CAP RATE

11.93%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8-Unit Multi-Family | 100% Leased | 12% CAP

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1987

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

Suburban Residential SF

APN/PARCEL ID

14240-00000-03500-000000

ASK ABOUT THIS PROPERTY

Tony GarzaColdwell Banker Commercial Rio Grande ValleyMore Info
956-522-9548

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Tony GarzaColdwell Banker Commercial Rio Grande ValleyMore Info
956-522-9548

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.