San Roberto Apartments

WNER FINANCING AVAILABLE!!! This 32-unit multifamily apartment project is comprised of six 4-plex and 4 duplex buildings. All units are 2 bedroom/2 bathrooms containing 880 square feet. The improvements are brick veneer construction with composition roof on a concrete slab foundation. Covered parking is included at 2 spaces per unit.

Each unit is equipped with central heating and air conditioning, ceramic tile and carpet floors, 1 range/oven combination, 1 microwave, 1 refrigerator and 1 full size washer and dryer set. In addition, each unit has its own security system and intercom.

Situated within the Rio Grande Valley and located on San Roberto Road, 1/2 mile east of FM 3167 in Rio Grande City, Starr County, Texas, San Roberto Apartments is within a half mile to General Ricardo Sanchez Elementary (K-5) and the new Veterans Middle School.

From downtown Rio Grande City, go west on W Main St (Hwy 83) and then north on N FM 3167 past Veterans Middle School to Eisenhower. Go right (east) then first right onto San Roberto Drive. Property is on the left.

Highlights
Stable occupancy at 97%+
Low monthly maintenance costs
2 covered parking spaces per unit
Trailing 3 months ended 8/31/11 - Gross Rental Income of $238,260
Trailing 3 months ended 8/31/11 - Actual NOI of $170,345 (est. Mgt Fee at 4%)
Contact broker for detailed financials and complete occupancy history

When you’re looking for a home in Rio Grande City, San Roberto apartments offers thoughtfully crafted interiors and well-maintained grounds. We provide you with a home that offers spacious two bedrooms, two bathrooms with two designated covered parking spaces. All of our units come with Washer/Dryer, Refrigerator, Electric Range, and Microwave.

In our Rio Grande City Apartments, you can enjoy years of pride and gracious living. Our staff is always able to respond to your needs and acquaint you with your new surroundings.