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MLS Number:
114724
List Price:
$1,800,000
Property Type:
Other Commercial
Street #:
Address:
City:
Kerrville
State:
TX
Zip Code:
78028
Subdivision:
None
Elementary School-Buyer to Verify:
Kerrville
Bedrooms:
Full Baths:
Half Bath:
City Limits:
Yes
County:
Kerr
Apx Acreage:
0.91
Lot Size:
334x135x306x115
Gas Supplier:
Sewer Supplier:
Electric Supplier:
Garbage Supplier:
Water Supplier:
# Buildings:
4
# Stories:
1
Total Parking:
Ceiling Height:
Road Frontage:
Foundation Size:
Loading Dock:
Overhead Doors:
Garage:
Current Use:
residential apartments
Avg Annual Gross Income:
$109,019.00
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Avg Annual Gross Expenses:
$60,558.00
Building/Center Name:
fka Sage Apartments
Total # Units:
12
Net Leasable Area:
Apx Office SqFt:
0
Apx Retail SqFt:
0
Apx Warehouse SqFt:
0
Apx Lvg Area SqFt:
11474
Apx Other SqFt:
2924
Construction/Exterior:
Brick Veneer
Roof:
Composition
Roof System:
Wood Trusses
Attic:
Other-See Remarks
Foundation:
Slab
Floors:
Tile, Vinyl
Heat:
Central, Electric
Air Conditioning:
Central, Electric
Water:
Public
Gas:
No Gas
Other Utilities:
Electricity Connected, Garbage Service-Private
Disability Access:
Other-See Remarks
Amenities:
Living Area
Sale Includes:
Building(s), Fixtures, Land
Lease Includes:
Other-See Remarks
Parking Capacity:
11-20
Water Features/Location:
None
Topo/Land Desc:
Level
Access:
City Street
Listing Office:
Arden Hills Realty (#:2334)
Listing Agent:
Matthew Sletten (#:1)
Remarks:
Investors check out this well maintained 12-unit apartment complex that offers an exceptional opportunity for both investors and residents alike. Multiple tenants have been here 10+ years, showing a strong, stable base of reliable income. For investors seeking a lucrative opportunity, this property presents a strong rental history and significant potential for growth. With its prime location and diligent upkeep these units are sure to attract quality tenants for years to come. Don't miss your chance to own a piece of Kerrville’s thriving real estate market. Schedule a viewing today and come see the potential of this remarkable 12-unit apartment complex.
Additional Remarks:
Buyer Agency Fee:
2
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