720 Kenedy AveKingsville, TX 78363

For Sale
$1,200,000

High-Yield Rental Property near TAMUK

Overview

Added:
Feb 3
Days on market:
39
This exceptional investment opportunity presents a 14-unit apartment complex ideally situated in Kingsville, Texas, at 720 W Kenedy Avenue. Boasting a prime location near both Texas A&M University-Kingsville and Naval Air Station Kingsville, this property guarantees a consistent stream of rental income. The complex encompasses a total of 10,478 square feet on a 0.56-acre lot. The units are meticulously maintained and recently renovated, offering modern amenities and comfortable living spaces. The complex comprises a mix of unit sizes: eight two-bedroom/one-bathroom units and six one-bedroom/one-bathroom units, catering to a diverse range of tenants. Convenient on-site amenities include ample parking and coin-operated laundry facilities, enhancing tenant satisfaction and retention. The property's strategic location, coupled with its attractive unit mix and modern amenities, makes it an exceptionally strong investment prospect for those seeking a stable and profitable rental portfolio. The asking price for this turnkey operation is $1,200,000. This represents a compelling opportunity to acquire a well-established and high-performing income-generating asset in a desirable Texas market. Contact us today to schedule a showing and explore this lucrative investment further.

Property Details for 720 Kenedy Ave

Property type
Residential income properties, Multifamily properties
Square Feet
10,478 SF
Year Built
1950
Lot Size (sq. ft)
24,394 SF

Location Insight

City
Kingsville
County
Kleberg
State
Texas
Latitude
27.51467
Longitude
-97.87714
720 Kenedy Ave, Kingsville, Texas

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720 Kenedy Ave
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