13-Unit Multifamily in Encinal, TX

Partners is pleased to exclusively offer for sale (address on request)reet, a 13-unit apartment complex situated on 1 acre in Encinal, Texas, along the IH-35 corridor between San Antonio and Laredo.

The property consists of two phases: Building 1, a 7-unit, three-story building constructed in 2015 with 5,400 SF of net rentable area, and Buildings 2–4, three newly constructed single-story duplexes (6 units) totaling 5,760 SF completed in 2025.

All units include full appliance packages with washer and dryer. Strong tenant demand driven by Eagle Ford Shale oil and gas activity, nearby correctional facilities, and commercial operations along IH-35.

Beyond the existing 13 units, approximately 0.884 acres of excess land is available as a separate offering next door, an opportunity for future development with site concepts on-hand. Encinal has virtually no competing rental supply, creating a landlord-favorable market with sustained occupancy and upward rent pressure.

7.63 CAP | 13-Units | Below Replacement Cost | Value-Add via mark to market rents

This cash flowing asset is stabilized and ready for its next owner! The current asking price is well below replacement cost, don't let this one pass you by!

Offering Memorandum, Appraisal, and Rent Roll are available via Due Diligence link at top of page.

*Does not include the excess land next door*