526 Wilkes St Wharton, TX 77488
This exceptional multifamily investment presents a compelling opportunity in the thriving Wharton, Texas market. The property, encompassing 40,378 square feet across three, two-story buildings, sits on a 0.92-acre lot. Constructed in 1977, the buildings offer a solid foundation for value-add improvements, capitalizing on the strong rental demand in the area. The portfolio comprises 16 units, providing immediate cash flow potential. Located conveniently near major transportation arteries, the property benefits from its proximity to Houston and the projected population growth within a 5-mile radius, expected to exceed 12,000 by 2029, with average household incomes exceeding $75,000. This presents a unique chance to acquire a well-positioned asset poised for long-term appreciation in a dynamic market. The property's location in Wharton County, at 526 Wilkes St., Wharton, TX 77488, offers easy access to essential amenities and services. This value-add investment is ideal for those seeking steady income and significant future growth. Contact us today to learn more about this exceptional opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.