600 Berry St - Apartments FOR SALE


Encinal, TX 78019
$950,000 USD
210-876-2237
600 Berry St, Encinal, TX for Sale
$950,000 USD
Apartments - FOR SALE
1/4
null | 7.63% Cap Rate

600 Berry St
Encinal, TX 78019


HIGHLIGHTS

  • Cash Flowing

OVERVIEW

Execute CA to access Offering Memorandum, Rent Roll, Appraisal 13-unit multifamily investment opportunity located along the IH-35 corridor in Encinal, TX, positioned between San Antonio and Laredo in the Eagle Ford Shale region. The property consists of two completed phases, including a 7-unit container-based building (2015) and three newly constructed duplex buildings (2025), offering a mix of stabilized income and newer product. The asset is currently operating with strong occupancy and consistent cash flow, supported by limited competing rental supply in the immediate market. In addition to the existing improvements, the neighboring ±0.88 acres of excess land is available as a separate offering, allowing for potential development expansion of an additional 8–10 duplex units by right. The opportunity is well-suited for investors seeking yield-driven assets with embedded upside through lease optimization and future development.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$85 USD /SF

# OF UNITS

13

PRICE/UNIT

$73,077

CAP RATE

7.63%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7.63% CAP -New Duplex Constrution -13/Units

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

18546

ASK ABOUT THIS PROPERTY

Justin VenturaPartnersMore Info
210-876-2237

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

Justin VenturaPartnersMore Info
210-876-2237

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