Granada Apartments

Capstone is pleased to present the Granada Apartments: a 64-unit community located in San Benito, Texas. Built in 2006, the Granada Apartments have been well-maintained by current ownership. Granada is perfectly positioned to benefit from a light value-add program to increase rents. As a result of Granada being self-managed, there is significant upside in professional third-party management. The Granada Apartments are located in the rapidly growing Rio Grande Valley, where there has been significant population growth and business relocation in recent years.

Investment Highlights:

Light Value-Add/Deferred Maintenance

Upside in Professional Third-Party Management

Located in Rio Grande Valley MSA