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1306 E Broadway St, Cuero, TX 150 Industrial Blvd, Cuero, TX
Colonial Manor & Golden Plaza Apartments
Asset ClassMultifamily
JUST LISTED | Value-Add Opportunity | Cuero, TX
overview of deal

Overview

Golden Plaza & Colonial Manor is an 81-unit multifamily value-add portfolio located in Cuero, Texas, a growing community within DeWitt County. Ideally positioned just off U.S. Highway 87, the two assets—Golden Plaza (1984 construction, 40 units) and Colonial Manor (1997 construction, 41 units)—sit approximately 1,000 feet apart, allowing for efficient shared management and operational scalability. The portfolio offers a mix of one-, two-, and three-bedroom floorplans designed for functionality and long-term renter appeal. With proven occupancy history and nearly two decades of legacy ownership, the properties present significant upside through strategic interior and exterior enhancements aimed at modernizing unit finishes, improving curb appeal, and capturing rent growth in a supply-constrained submarket.

 

The communities feature desirable on-site amenities including a laundry facilities located in both properties, and a central courtyard at Colonial Manor, providing residents with a comfortable neighborhood feel. Both properties maintain ample parking and benefit from established visibility and accessibility to the main commercial corridor of Cuero.

 

Located along U.S. Highway 87, Golden Plaza and Colonial Manor are minutes from major employers such as Cuero Regional Hospital, Cuero Independent School District, and DeWitt County government offices. The portfolio’s central location offers residents convenient access to retail anchors including Walmart and H-E-B, nearby recreation at Cuero Municipal Park and Golf Course, and the city’s historic downtown district with local restaurants, shops, and cultural attractions such as the Chisholm Trail Heritage Museum and annual Turkeyfest celebration. Served by the highly rated Cuero ISD (99% graduation rate) and within commuting distance to Victoria College and Texas A&M University–Victoria, the offering combines strong rental fundamentals, stable employment drivers, and long-term growth potential—positioning it as a compelling value-add investment in a stable secondary market.

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Investment Highlights

  • Value-Add Opportunity Through Interior Renovations and Rent Optimization Following Legacy Ownership
  • Supply-Constrained Market with Limited New Construction Pipeline
  • Operational Synergies from Proximity of the 81-Unit Portfolio Enabling Centralized Management and Shared Operating Expenses
  • Prime Location along Highway 87 Corridor with Walking Distance to Walmart, H-E-B, Cuero High School, and Major Employment Centers
  • Durable Tenant Demand Anchored by Essential Services Including Cuero Regional Hospital, Cuero ISD, and DeWitt County Government Personnel
  • Strategic Eagle Ford Shale Market Position in Top 5 Texas Oil-Producing County Capturing Energy Sector Workforce Demand
  • Well-Maintained Assets with Recent Roof Replacements and Functional Systems Requiring Minimal Capital Improvements
  • Strong Historical Performance with 99% Average Occupancy and Established On-Site Laundry Facilities at Both Properties
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1306 E Broadway StCuero, TX 77954

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