806-318-8799
1605 Water St, Kerrville, TX for Sale
Apartments - FOR SALE
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1605 Water St
Kerrville, TX 78028


HIGHLIGHTS

  • Recently renovated 47-unit multifamily asset desirably positioned along the serene Guadalupe River with ample on-site parking in Kerrville, Texas.
  • Conveniently situated 0.5 miles from downtown, 0.6 miles from the TX 16/Sidney Baker St, and TX 173/Bandera Hwy junction and 3.5 miles to I-10.
  • Stabilized acquisition at 92% occupancy, offering a value-add investment opportunity for a new owner to discover additional revenue opportunities.
  • Significantly positioned within sought-after proximity of noteworthy amenities to accommodate the demand of the surrounding growing population.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

47

CAP RATE

Request Cap Rate

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Growing Area in Walking Distance to Downtown

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.16 AC

LAND SF

94,094 SF

ZONING

C16

APN/PARCEL ID

R71735

ASK ABOUT THIS PROPERTY

Jaxton HoeltingKW LubbockMore Info
806-318-8799

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Jaxton HoeltingKW LubbockMore Info
806-318-8799

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.