Investment Overview

Versailles Apartments is a community located in Laredo, Texas. Built in 1972, the complex consists of 100 units arranged in eight two-story buildings. Versailles Apartments offers a variety of spacious floor plans: two one-bedroom/one-bathroom plans that are 651 and 715 square feet, and one two-bedroom/ one-bathroom plan that is 925 square feet. Versailles Apartments is focused on providing residents with a comfortable and convenient place to call home. The units have largely been kept in the original condition since they were constructed, providing substantial upside through interior unit renovations such as updated countertops, cabinets, and new flooring. The community is pet-friendly and offers several amenities for their residents to enjoy including a sparkling swimming pool, laundry facility, covered parking, and plenty of green spaces. Perhaps the most alluring aspect of Versailles Apartments is its location in Laredo along the I-35 corridor. The complex is closely surrounded by employment opportunities, a strong retail presence, and recreational activities. Within just a couple miles, residents can find several schools, parks, shopping centers, a plethora of restaurants and eateries, and much more. The apartments are in close proximity to the Port of Laredo, which is the #1 inbound port along the US-Mexico border. Residents have easy means to everything Laredo has to offer as well as interregional access further south to the Rio Grande Valley, as well as northbound to San Antonio. Versailles Apartments is a unique offering providing investors with significant upside potential and long-term value appreciation.