Santa Rita Homes

For Sale

1306 E 12th St, Big Lake, TX 76932

This Big Lake property for sale is located at 1306 E 12th St. The current listed sale price for Santa Rita Homes is $4,700,000. Santa Rita Homes is situated on a lot that is 0.16 acre in size.

Contacts

broker
Greg Brownd

The Go-Getters Multifamily with KW Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 34,846 SF
  • Units 31
  • Lot Size 0.16 Acre
  • Year Built 2019
  • Date Updated Feb 11, 2025
The city of Big Lake is located 77 miles southeast of Midland and 71 miles west of San Angelo at the intersection of Highway 137 & Highway 67. Big Lake is known for their abundance of natrual resources. Top industry includes oil & gas, wind energy, solar energy, construction and more. The apartments are located directly across the street from Reagan County High School.The Go-Getters Multifamily Team is pleased to present the exclusive listing of the Santa Rita Homes located in Big Lake, TX. Completed in 2019, this 31-unit asset has maintained average occupancy of over 92% since its construction. In 2024, the property saw nearly $690,000 in collected income. The ideal investor in this opportunity is one who looks for consistent cash flows with low maintenance. This fully-furnished complex is the most desirable place to live for tenants in Big Lake. The consistent performance over the years can be attributed to the local staff, diverse corporate leases, and a lack of competing rental supply in a high-demand market.
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Highlights

  • - ~$690k Collected Income
  • - 92% Long Term Avg. Occupancy
  • - Local Staff
  • - 2019 Construction

Getting around

  • 12/100

    Walk Score ®

  • 30/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Big Lake, TX
  • Neighborhood Big Lake
  • Zip Code 76932

Points of Interest

  • Tesla Charging Station

    0.62 miles

  • Texaco gas pumps

    0.65 miles

  • Flying J

    0.69 miles

  • Reeder Gas Station

    0.93 miles

  • Gascard

    0.99 miles

  • Sunoco Gas Pumps

    1.13 miles

  • Sunoco

    1.15 miles

  • Best Western Inn

    0.62 miles

  • Lone Star Lodge

    0.64 miles

  • Mustang Motel

    0.69 miles

  • Full Service Motel

    0.70 miles

  • Cobblestone Inn & Suites

    0.71 miles

  • The Republic

    0.72 miles

  • Big Lake Inn & Suites

    1.02 miles

  • Derrick Inn Motel

    1.20 miles

  • Lowes' Grocery

    0.84 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Greg Brownd

The Go-Getters Multifamily with KW Commercial

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