49-Unit Apartment
For Sale
$3,400,000
815 Ranchero Rd, Kerrville, TX 78028
Established multifamily community located in Kerrville along the Interstate 10 corridor.
Property SizeContact for details
Days on Market153
Property Features for 815 Ranchero Rd
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
95%
Amenities
49-Unit Multifamily Property with consistent 98-100% Occupancy
All units (except 4) have Washer and Dryer Connections. There is potential to charge a rent premium for adding washers and dyers in the units.
One unit (would make 50 units total) is used as an office and can easily be converted to a rental unit for extra rental income
Building Details
Units
49
Listing Agency:
San Antonio Office
(210) 343-7800
Listed By:
Ben Kalter · License #TX: 747446
(210) 343-7809
Source:
Marcusmillichap
Added: Apr 3
Changed: Aug 30
Last Checked: Aug 30 at 2:22AM
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 San Antonio Office
Investment Insights
Based on property information with market context.
Park Hill is a 49-unit apartment community in Kerrville, Texas. Constructed in 1977, the property is configured as a multifamily residential asset and is offered for sale under an exclusive listing.
The community is positioned along the Interstate 10 corridor, approximately 60 miles northwest of San Antonio. Kerrville is identified as an economic hub of the Texas Hill Country, providing broader regional context for the property.
The community is positioned along the Interstate 10 corridor, approximately 60 miles northwest of San Antonio. Kerrville is identified as an economic hub of the Texas Hill Country, providing broader regional context for the property.
Key Highlights
- 49‑unit multifamily apartment community
- Built in 1977
- Located in Kerrville, Texas
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
97
Businesses Nearby
Explore this area
Business Placement
Demographics for 78028, TX
40,789
Population
19,285
Households
2.1
Avg Household Size
51
Median Age
32%
College-Educated
91%
High-School Grad
263.3 sq mi
ZIP Area
155
Density / Sq Mi
$65,486
Median Household Income
$35,884
Median Earnings
$1,097
Median Rent
$281,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Established multifamily community located in Kerrville along the Interstate 10 corridor.
Where is this apartment building located?
The property is located at 815 Ranchero Rd Kerrville, TX.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 49‑unit multifamily apartment community; Built in 1977; Located in Kerrville, Texas
