Description
Prime Padre Island investment opportunity! This brand-new 4-plex offers four potential income-generating units, each with 1,428 sq. ft., 3 bedrooms, 2.5 baths, and a 1-car garage. STRs and long-term rentals are allowed, providing flexibility and multiple revenue streams. Each unit is finished with stainless steel appliances, granite countertops, waterproof wood-look flooring, and private fenced backyards with covered patios. The low-maintenance design helps maximize future returns while minimizing expenses. Ideally located just minutes from the beach, Billish Park, and a canal/boat ramp, the property is positioned for strong rental demand. From an investment standpoint, this 4-plex offers the advantages of new construction with reduced maintenance costs, strong tenant and guest appeal, and the flexibility of both STR and LTR income. It provides built-in scalability with four units under one roof, the potential for a high cap rate given area rental performance, and attractive depreciation benefits for tax planning. Altogether, it presents an excellent opportunity for cash flow and long-term appreciation in a sought-after coastal market.
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0BEDS
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0.19ACRES
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0BATHS
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01/2 BATHS
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5,712SQFT
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$209$/SQFT
School Information
Description
Prime Padre Island investment opportunity! This brand-new 4-plex offers four potential income-generating units, each with 1,428 sq. ft., 3 bedrooms, 2.5 baths, and a 1-car garage. STRs and long-term rentals are allowed, providing flexibility and multiple revenue streams. Each unit is finished with stainless steel appliances, granite countertops, waterproof wood-look flooring, and private fenced backyards with covered patios. The low-maintenance design helps maximize future returns while minimizing expenses. Ideally located just minutes from the beach, Billish Park, and a canal/boat ramp, the property is positioned for strong rental demand. From an investment standpoint, this 4-plex offers the advantages of new construction with reduced maintenance costs, strong tenant and guest appeal, and the flexibility of both STR and LTR income. It provides built-in scalability with four units under one roof, the potential for a high cap rate given area rental performance, and attractive depreciation benefits for tax planning. Altogether, it presents an excellent opportunity for cash flow and long-term appreciation in a sought-after coastal market.