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Kerrville Portfolio
Kerrville, TX

$13,500,000 USD

Multifamily For Sale  •  153,712 SF

4 Properties View all

Property Details

  • Property Type Multifamily
0 Transit Score
45 Walk Score

Highlights

Four-Property Portfolio with Consistent 98%+ Occupancy - Each Property has Maintained 98-100% Occupancy with Waiting Lists at Multiple Locations
Strong 7.0% Cap Rate on Trailing Three-Month Actuals - Attractive Current Yield with Clear Upside Through Proven Rent Growth Potential
Recently Completed Capital Improvements -New Roofing Systems at Northridge & Summit, and Various Other Projects Completed, Reducing Future CapEx Needs
Severe Housing Supply Constraints - Minimal New Multifamily Development with Sub-3% Vacancy Driving 4-6% Annual Rent Growth
Offered Individually, Portfolio, or Sub-Portfolios
Benjamin Kalter 210-426-9376 Marcus & Millichap
Benjamin Kalter 210-426-9376 Marcus & Millichap