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SOL Apartments (12 Units) 402 S Tyler St 12 Unit Apartment Building $1,396,105 CAD ($116,342 CAD/Unit) 7.03% Cap Rate Beeville, TX 78102
Investment Highlights
- On-Site Laundry, Reserved Parking, Storage Rental
- Single-Level, Brick Exterior for Simple Maintenance
- Recent Exterior Repairs and Paint
Executive Summary
Welcome to an exceptional investment opportunity in Beeville, TX. This meticulously maintained multifamily property offers 12 charming units, ideal for a local owner or managed investment. With a prime location and strong occupancy, The SOL Apartments present a solid income stream and promising growth potential. It was built in 1965 and continuously improved during the current owner's possession. Recent improvements over the past year include exterior repairs and paint, new signage, addition of paid storage, paid covered parking and interior renovations during unit turns. The single-level elevation and brick exterior make ongoing maintenance easy. Don't miss the chance to own this turnkey investment in this thriving Texan community.
Data Room Click Here to Access
- Operating and Financials
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,396,105 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $116,342 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 1.40 AC |
| Cap Rate | 7.03% | Building Size | 15,472 SF |
| No. Units | 12 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1968/2025 |
| Price | $1,396,105 CAD |
| Price Per Unit | $116,342 CAD |
| Sale Type | Investment |
| Cap Rate | 7.03% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.40 AC |
| Building Size | 15,472 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1968/2025 |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Storage Space
- Heating
- Refrigerator
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | $1,437 CAD | 792 |
Walk Score®
Very Walkable (70)
Property Taxes
| Parcel Numbers | Total Assessment | $1,217,797 CAD | |
| Land Assessment | $98,617 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,119,180 CAD | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$98,617 CAD
Improvements Assessment
$1,119,180 CAD
Total Assessment
$1,217,797 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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SOL Apartments (12 Units) | 402 S Tyler St
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