Energy Lodge Carrizo Springs 2420 N 1st St 37 Unit Apartment Building $1,245,240 CAD ($33,655 CAD/Unit) Carrizo Springs, TX 78834

2420 N 1st Street presents the opportunity to acquire Energy Lodge Carrizo Springs, a 37-unit multifamily asset situated on approximately 2.54 acres in Carrizo Springs, Texas. Constructed in 2012, the property was developed to serve the housing needs of business travelers, workforce residents, and extended-stay occupants in a market influenced by South Texas energy activity and regional employment drivers.
The two-story property offers a unit mix designed for longer-term occupancy and includes features commonly associated with extended-stay lodging, including full kitchens, dedicated work areas, and furnished living accommodations. On-site amenities and parking support resident convenience, while the property's location along North 1st Street provides access to local retailers, restaurants, services, and major roadways serving Dimmit County and the surrounding Eagle Ford Shale region.
Carrizo Springs serves as the county seat of Dimmit County and functions as a regional hub for government services, agriculture, energy-related businesses, and supporting commercial activity. The property's position within the community allows residents convenient access to employment centers, schools, healthcare providers, and everyday amenities. Its established improvements, multiple-unit configuration, and existing residential infrastructure provide investors with the opportunity to acquire a purpose-built housing asset in a South Texas market with a history of workforce-driven demand.
The combination of a sizable site, 37-unit inventory, dedicated parking, and a location within an established residential and commercial corridor creates a multifamily investment opportunity with potential to serve a variety of tenant and lodging needs.