Multi-Unit extended stay rental community in Cotulla, TX - A Prime Opportunity! This beautiful 56-unit custom built housing property sits on 9.87 acres and offers a mix of efficiency units, duplexes, and three-bedroom single-family homes-ideal for short- or long-term rentals. A beautiful recreation center enhances tenant appeal. Strategically located in Cotulla, a hub for oil and gas activity, this income-producing property is perfect for companies or investors seeking stable cash flow. Don't miss out on this high-demand housing solution in the heart of the Eagle Ford Shale. The Sellers have recently reduced the price to $4,900,000, creating an even more compelling investment opportunity. Key highlights include: New Roofs in 2024: All units have been recently updated with new roofing, reflecting the Seller's commitment to maintaining the property in excellent condition. Experienced Onsite Management: A long-standing onsite management team-a mother and daughter duo-have overseen operations for over a decade. Their deep familiarity with the tenant base provides consistent occupancy and efficient oversight. Rent Increase Scheduled: Rents are set to increase by 10% in September 2025, marking the first adjustment since 2020. Reduced Banking Fees: A switch to Zego Paylease is projected to reduce credit card related expenses by approximately $40,000 annually. These changes-combined with the price reduction, improved rental income, and lower expenses-result in a pro forma cap rate north of 9.00%.

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Property Details of 113 American Drive

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Listed by Greg Jones of Phyllis Browning Company

Based on information submitted to LERA MLS as of November 9, 2025 2:32 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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