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1911 State Hwy 132 - 10 Multifamily w/Commercial Bldg & Workshop 11 Unit Apartment Building Offered at $1,704,840 CAD at a 9% Cap Rate Natalia, TX 78059
Investment Highlights
- Multiple Revenue Streams
- All completely updated fully furnished
- Proven Short and Long Term Rental Turn Key
Executive Summary
Dual-Property Mixed-Use Investment Opportunity
Commercial Space + 10 Income-Producing Units | Turnkey | Short- or Long-Term Rental Flexibility
Located in Natalia
Presenting a rare chance to acquire two adjacent income-producing properties offering commercial flexibility and multi-unit residential cash flow, all in one strategic package.?
This unique portfolio includes:
?? 1911 State Hwy 132
A versatile commercial business space with endless potential for office, retail, studio, service-based operations, or creative workspace.? Included with this property are two fully furnished and updated cottages, currently operating as short-term rentals and generating approximately $42,000 annually.? These turnkey units provide immediate income while the commercial space supports owner use or additional revenue opportunities.?
?? 1871 State Hwy 132
A fully furnished 8-unit rental property designed for maximum flexibility, allowing operation as short-term rentals, long-term rentals, or a hybrid model.? The unit mix includes:
• 2 two-bedroom / one-bath units
• 2 one-bedroom / one-bath apartments
• 4 studio apartments
Each unit has been updated and comes furnished, making this a true turnkey investment.? The property also features an on-site workshop, ideal for maintenance, storage, creative use, or business operations.? This setup is perfect for investors seeking multiple income streams or owner-operators wanting the option to live on site while managing.?
Commercial Space + 10 Income-Producing Units | Turnkey | Short- or Long-Term Rental Flexibility
Located in Natalia
Presenting a rare chance to acquire two adjacent income-producing properties offering commercial flexibility and multi-unit residential cash flow, all in one strategic package.?
This unique portfolio includes:
?? 1911 State Hwy 132
A versatile commercial business space with endless potential for office, retail, studio, service-based operations, or creative workspace.? Included with this property are two fully furnished and updated cottages, currently operating as short-term rentals and generating approximately $42,000 annually.? These turnkey units provide immediate income while the commercial space supports owner use or additional revenue opportunities.?
?? 1871 State Hwy 132
A fully furnished 8-unit rental property designed for maximum flexibility, allowing operation as short-term rentals, long-term rentals, or a hybrid model.? The unit mix includes:
• 2 two-bedroom / one-bath units
• 2 one-bedroom / one-bath apartments
• 4 studio apartments
Each unit has been updated and comes furnished, making this a true turnkey investment.? The property also features an on-site workshop, ideal for maintenance, storage, creative use, or business operations.? This setup is perfect for investors seeking multiple income streams or owner-operators wanting the option to live on site while managing.?
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$155,709
|
$37.29
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$155,709
|
$37.29
|
| Taxes |
$15,243
|
$3.65
|
| Operating Expenses |
$32,437
|
$7.77
|
| Total Expenses |
$47,680
|
$11.42
|
| Net Operating Income |
$108,029
|
$25.87
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $155,709 |
| Annual Per SF | $37.29 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $155,709 |
| Annual Per SF | $37.29 |
| Taxes (CAD) | |
|---|---|
| Annual | $15,243 |
| Annual Per SF | $3.65 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $32,437 |
| Annual Per SF | $7.77 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $47,680 |
| Annual Per SF | $11.42 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $108,029 |
| Annual Per SF | $25.87 |
Property Facts
Amenities
Site Amenities
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 1+1 | 2 | - | - |
| Studios | 7 | - | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 18896 | Total Assessment | $502,885 CAD |
| Land Assessment | $39,240 CAD | Annual Taxes | $15,243 CAD ($2.54 CAD/SF) |
| Improvements Assessment | $463,645 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
18896
Land Assessment
$39,240 CAD
Improvements Assessment
$463,645 CAD
Total Assessment
$502,885 CAD
Annual Taxes
$15,243 CAD ($2.54 CAD/SF)
Tax Year
2025
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Presented by
TriPoint Realty LLC
1911 State Hwy 132 - 10 Multifamily w/Commercial Bldg & Workshop
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