Apartment Building with RV
For Sale
$953,000
13915 Interstate 35, Von Ormy, TX 78073
Six residential units are complemented by a recently added RV configured for office use.
Property Size4,547 SF
Price / SF$209.59
Days on Market74
Property Features for 13915 Interstate 35
General Information
Standard status
Active
Size
4,547 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
6
Listing Agency:
Premier Realty Group Platinum
Listed By:
Jason Jung
(210) 641-1400
Source:
Thebranchinc
Added: Aug 9
Changed: Oct 13
Last Checked: Oct 7 at 4:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premier Realty Group Platinum
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Investment Insights
Based on property information with market context.
This apartment property includes 6 residential units along with an RV that was recently added for office use. The additional office component expands the property’s existing configuration beyond the residential living spaces.
The property is located at 13915 Interstate 35 in Von Ormy, Texas 78073. Its apartment-building classification and six-unit layout provide the primary physical profile, with the RV serving as a separate office improvement.
The property is located at 13915 Interstate 35 in Von Ormy, Texas 78073. Its apartment-building classification and six-unit layout provide the primary physical profile, with the RV serving as a separate office improvement.
Key Highlights
- 6 residential living units
- Recently added RV used as an office
- Located at 13915 Interstate 35, Von Ormy, TX 78073
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,639
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$832,780
$832.8K
Cap Rate 7%
$594,843
$594.8K
Cap Rate 9%
$462,656
$462.7K
Market Conditions
NOI Build-Up for 4,547 SF
Gross rent
$81.8K $18.00/SF
− Vacancy
−$6.1K −$1.35/SF
EGI
$75.7K $16.65/SF
− OpEx
−$34.1K −$7.49/SF
NOI
$41.6K $9.16/SF
Area
Bexar County, TX
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$832,780
Cap Rate 7%
$594,843
Cap Rate 9%
$462,656
Alternative Uses
Best Use
Apartment 5plus
$594.8K
$520.5K – $694.0K
NOI $41,639 @ 7.0% cap · market cap 4.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,147 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Explore this area
Business Placement
Demographics for 78073, TX
9,550
Population
3,020
Households
3.2
Avg Household Size
35
Median Age
12%
College-Educated
73%
High-School Grad
53.4 sq mi
ZIP Area
179
Density / Sq Mi
$65,342
Median Household Income
$34,802
Median Earnings
$1,031
Median Rent
$139,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Six residential units are complemented by a recently added RV configured for office use.
Where is this apartment building located?
The property is located at 13915 Interstate 35 Von Ormy, TX.
What is the asking price?
The asking price for this property is $953,000.
What are key features of this property?
This property features: 6 residential living units; Recently added RV used as an office; Located at 13915 Interstate 35, Von Ormy, TX 78073
