9 Apartment Units on 5 Acres

Highlights

• Two apartment buildings containing a total of 9 x 2 bed/1 bath
• 8/9 units occupied for $625/m as of 6.26.24
• Approximately 4.5 acres of additional land for potential future development
• Flexible county zoning for versatile use

Description

5020 N La Homa Rd is a unique investment opportunity. It is improved with two small apartment buildings that together contain a total of 9 x 2 bed/1 bath units which currently rent for $625/m each. The total living area between the two buildings is approximately 6,941 sf, and the two buildings sit on about half an acre. Also county-zoned, the remaining 4.5 acres are unimproved and provide for a wide number of potential uses.

From westbound I-2, take exit 133 towards Bentsen Palm Dr/La Homa Rd. Head North on N La Homa Rd for about 15 miles, location will be on right-hand side.

Documents