Santa Rita Homes
$4,700,000
1306 E 12th St, Big Lake, TX 76932
34,846 sqft
Building Size
0.1628 acres
Lot Area
Details:
Description:
Completed in 2019, this 31-unit, fully furnished complex has consistently maintained a long-term average occupancy of 92.97%. It is known as the most desirable place to live for tenants in Big Lake due to its superior quality and location. The consistent occupancy and cash flows over the years can be attributed to diverse corporate leases and a lack of competing rental supply in a high-demand market.
The city of Big Lake is located at the intersection of Highway 137 & Highway 67. West of San Angelo and south of Midland, Big Lake is known for their abundance of natrual resources. Top industry includes oil & gas, wind energy, solar energy, construction and more. The surplus of energy production makes Big Lake a strategic location for Bitcoin Mining operations. The apartments are located directly across the street from Reagan County High School.
Documents:
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Location

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