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Description

Capstone Companies is pleased to present the Santa Rita Apartments in Big Lake, TX. Built in 2016, Santa Rita offers a promising investment opportunity with significant growth potential. Currently charging under-market rents, the 31-unit, fully furnished complex has room for immediate revenue enhancement. The single-owner development ensures top-tier construction quality with minimal deferred maintenance, ensuring reduced near-term expenditures. Located in the heart of west Texas’s oil and gas hub, the property is perfectly poised to benefit from the industry’s housing demands, with its fully equipped units being especially appealing to workers. In essence, Santa Rita Apartments combines revenue growth, quality assurance, and strategic location for a compelling investment opportunity.

Investment Highlights:

Under-Market Rents with Upside Potential

Quality Construction and Minimal Maintenance

Robust Market Dynamics Fueled by the Oil Industry

  • Address 1306 E 12th Street
  • City Big Lake
  • State/county Texas
  • Zip/Postal Code 76932

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