Colliers International is pleased to present Hunt Street Apartments, a 21-unit property
located in Kerrville, Texas situated in the beautiful Texas Hill Country.
Built in 1950, Hunt St Apartments represents a rare opportunity for investors to
acquire a multifamily asse in a Tax Increment Reinvestment Zone (TIRZ) which allows
for new ownership to enjoy public improvements in the immediate area.
Lastly, the Hunt Street Apartments are strategically located within the submarket,
having phenomenal access to Schreiner University, Peterson Regional Medical Center,
and Interstate-10.
Stabilized Cap rate north of 7% with further value add upside by finishing renovations on 13 remaining classic units.