Kerrville, TX 78028
- Commercial real estate
- 14,398 SF
- 0.91 lot acres
Current Use by Public Records
- Commercial real estate
Property Details
- Year built
- 1965
- Lot size
- 0.91 lot acres
- Property size
- 14,398 SF
- Property type
- Commercial real estate
Description
This exceptional 14,398 square foot, 12-unit apartment complex in Kerrville, Texas, presents a compelling investment opportunity. Situated on a 0.91-acre lot, the property boasts a strong history of reliable income, with multiple tenants residing for over a decade. This demonstrates a stable and consistent rental base, minimizing vacancy risks and maximizing return on investment. The diligent upkeep and prime location ensure continued attraction of high-quality tenants. The property's well-maintained condition minimizes immediate capital expenditure needs, allowing investors to focus on maximizing rental income and long-term appreciation. The asking price is $1,600,000. This represents a significant opportunity for investors seeking a lucrative, low-risk investment in Kerrville's thriving real estate market. The property's proven track record of consistent occupancy and strong rental history makes it an attractive addition to any portfolio. The potential for future growth, coupled with the existing stable income stream, positions this investment as a sound and promising venture. This 12-unit complex offers a blend of stability and growth potential, making it an ideal acquisition for discerning investors. Serious inquiries are encouraged to schedule a viewing and explore this remarkable opportunity further.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kerrville
- County
- Kerr
- State
- Texas
- Longitude
- -99.1808
- Latitude
- 30.0014
