Now exclusively listed by the Partners multifamily team, a 16-unit property, consisting of 4 quadplex buildings, in Santa Fe Texas on +/- 2 acres of land. This property was built in 1981 with updates in most units as recent as 2023. This property has consistently remained at 100% occupancy with no other 2/1’s on the market for rent in the entire City of Santa Fe. The property has 3 wells on site that generate nearly free water for residents use, while sewer water is disposed of through on-site septic…all of which has been updated by the current owner. A new owner can charge a minimal $25/,o water fee from tenants and recoup the entire cost for sewer & water well maintenance for a year. Additional income could also come from renting the storage sheds on site or adding additional ones. This property provides superb actual income numbers for 2024 and historical rental stability which should make bank financing on this asset a breeze.