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North Terrace Apartments 327 Couch St 20 Unit Apartment Building $3,030,720 CAD ($151,536 CAD/Unit) Olmito, TX 78575



Investment Highlights
- 350" Yards from Interstate 69
- Great Workforce Multifamily Complex
- 500 Yards from FM 550
Executive Summary
20-unit multifamily investment opportunity located in North Brownsville near Interstate 169 and FM 511, providing convenient access throughout Brownsville and to major employment and industrial corridors. The property offers investors an opportunity to acquire a manageable multifamily asset in an area benefiting from continued residential, commercial, and industrial growth. Its location provides convenient connectivity to the Port of Brownsville, Interstate 69E, and major employers and development activity along the FM 511 corridor. The property presents potential for long-term value creation through rent growth, improved property operations, and continued demand for workforce housing in the Brownsville market. With a desirable unit count, accessible location, and proximity to key transportation routes, the asset is well positioned for both local and regional multifamily investors.
Property Facts
| Price | $3,030,720 CAD | Building Class | C |
| Price Per Unit | $151,536 CAD | Lot Size | 0.81 AC |
| Sale Type | Investment | Building Size | 19,560 SF |
| No. Units | 20 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2016 |
| Apartment Style | Garden | Parking Ratio | 2.35/1,000 SF |
| Zoning | B - Multifamily Residence | ||
| Price | $3,030,720 CAD |
| Price Per Unit | $151,536 CAD |
| Sale Type | Investment |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.81 AC |
| Building Size | 19,560 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2016 |
| Parking Ratio | 2.35/1,000 SF |
| Zoning | B - Multifamily Residence |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Disposal
- Heating
- Bay Window
- Ceiling Fans
- Tile Floors
- Granite Countertops
- Refrigerator
- Oven
- Range
- Walk-In Closets
- Dining Room
- Double Pane Windows
- Patio
Site Amenities
- 24 Hour Access
- Walking/Biking Trails
- Bicycle Storage
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 20 | - | 1,150 |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 451500-1000-000000 | Improvements Assessment | $2,260,673 CAD |
| Land Assessment | $295,082 CAD | Total Assessment | $2,555,755 CAD |
Property Taxes
Parcel Number
451500-1000-000000
Land Assessment
$295,082 CAD
Improvements Assessment
$2,260,673 CAD
Total Assessment
$2,555,755 CAD
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North Terrace Apartments | 327 Couch St
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