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108 108, 112, 118 & 120 Milann St
Victoria, TX 77901

$1,025,000 USD

Apartments For Sale  •  7,795 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,795 SF
  • Lot Size 0.73 AC
  • Building Class C
  • Year Built 1981
  • Cap Rate 7.05 %
50 Walk Score

Highlights

Texas A&M Victoria transition primed to drive enrollment growth and captive off-campus demand
Within ±1.7 miles of Texas A&M University–Victoria campus and Citizens Medical Center
Limited multifamily construction in Victoria with rent growth outpacing major Texas metros
Median rents grown roughly 4–7% year-over-year in affordability-driven 77901 zip code
Crossroads of US-59, US-77, and US-87 with 4 major metros within two hours
8-unit portfolio renovated in 2022 with value-add upside remaining
Cap Rate: 7.05 %
Luke Matthews 281-809-4006 Matthews Real Estate Investment Services
Luke Matthews 281-809-4006 Matthews Real Estate Investment Services