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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Four-Property Portfolio with Consistent 98%+ Occupancy - Each Property has Maintained 98-100% Occupancy with Waiting Lists at Multiple Locations
- Recently Completed Capital Improvements -New Roofing Systems at Northridge & Summit, and Various Other Projects Completed, Reducing Future CapEx Needs
- Offered Individually, Portfolio, or Sub-Portfolios
- Strong 7.0% Cap Rate on Trailing Three-Month Actuals - Attractive Current Yield with Clear Upside Through Proven Rent Growth Potential
- Severe Housing Supply Constraints - Minimal New Multifamily Development with Sub-3% Vacancy Driving 4-6% Annual Rent Growth
RÉSUMÉ ANALYTIQUE
Marcus & Millichap is pleased to present the exclusive listing of the Kerrville Portfolio, a 168-unit multifamily portfolio comprising
four established apartment communities in Kerrville, Texas. This rare portfolio opportunity consists of Northridge Village, Park Hill, Park Lane, and Summit, each property constructed between 1974 and 1977, offering immediate cash flow with substantial value-add potential through strategic renovations and organic rent growth. The portfolio benefits from Kerrville's position as the economic hub of the Texas Hill Country, located just 60 miles northwest of San Antonio along the Interstate 10 corridor. The Kerrville Portfolio represents an exceptional opportunity to acquire a critical mass of workforce housing in a supply-constrained market experiencing steady economic expansion. With consistent 98%+ occupancy across all four properties and rents positioned below market rates, the portfolio offers a new owner immediate stabilized income with clear paths to value creation through unit interior renovations and strategic management improvements. Current ownership recently completed significant capital improvements including roof replacements, eliminating major deferred maintenance concerns and allowing a buyer to focus capital deployment on revenue-generating interior upgrades.
four established apartment communities in Kerrville, Texas. This rare portfolio opportunity consists of Northridge Village, Park Hill, Park Lane, and Summit, each property constructed between 1974 and 1977, offering immediate cash flow with substantial value-add potential through strategic renovations and organic rent growth. The portfolio benefits from Kerrville's position as the economic hub of the Texas Hill Country, located just 60 miles northwest of San Antonio along the Interstate 10 corridor. The Kerrville Portfolio represents an exceptional opportunity to acquire a critical mass of workforce housing in a supply-constrained market experiencing steady economic expansion. With consistent 98%+ occupancy across all four properties and rents positioned below market rates, the portfolio offers a new owner immediate stabilized income with clear paths to value creation through unit interior renovations and strategic management improvements. Current ownership recently completed significant capital improvements including roof replacements, eliminating major deferred maintenance concerns and allowing a buyer to focus capital deployment on revenue-generating interior upgrades.
DATA ROOM Cliquez ici pour accéder à
- Offering Memorandum
- Operating and Financials
TAXES ET FRAIS D’EXPLOITATION (RÉEL - 2024) Cliquez ici pour accéder à |
ANNUEL |
|---|---|
| Revenu de location brut |
$99,999
|
| Autres revenus |
-
|
| Perte due à la vacance |
-
|
| Revenu brut effectif |
$99,999
|
| Taxes |
-
|
| Frais d’exploitation |
-
|
| Total des frais |
$99,999
|
| Résultat net d’exploitation |
$99,999
|
TAXES ET FRAIS D’EXPLOITATION (RÉEL - 2024) Cliquez ici pour accéder à
| Revenu de location brut | |
|---|---|
| Annuel | $99,999 |
| Autres revenus | |
|---|---|
| Annuel | - |
| Perte due à la vacance | |
|---|---|
| Annuel | - |
| Revenu brut effectif | |
|---|---|
| Annuel | $99,999 |
| Taxes | |
|---|---|
| Annuel | - |
| Frais d’exploitation | |
|---|---|
| Annuel | - |
| Total des frais | |
|---|---|
| Annuel | $99,999 |
| Résultat net d’exploitation | |
|---|---|
| Annuel | $99,999 |
INFORMATIONS SUR L’IMMEUBLE
| Prix | 11 637 000 € | Statut | Actif |
| Prix/m² | 909,45 € / m² | Nb de biens | 4 |
| Condition de vente | Ventes de portefeuille | Individuellement en vente | 0 |
| Taux de capitalisation | 6,90 % | Surface totale de l’immeuble | 12 796 m² |
| Type de vente | Investissement | Surface totale du terrain | 0,91 ha |
| Prix | 11 637 000 € |
| Prix/m² | 909,45 € / m² |
| Condition de vente | Ventes de portefeuille |
| Taux de capitalisation | 6,90 % |
| Type de vente | Investissement |
| Statut | Actif |
| Nb de biens | 4 |
| Individuellement en vente | 0 |
| Surface totale de l’immeuble | 12 796 m² |
| Surface totale du terrain | 0,91 ha |
Biens
| NOM DU BIEN/ADRESSE | TYPE DE BIEN | SURFACE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
|---|---|---|---|---|
| 516 Brian Dr, Kerrville, TX 78028 | Immeuble residentiel | 4 292 m² | 1975 | - |
| 815 Ranchero Rd, Kerrville, TX 78028 | Immeuble residentiel | 3 235 m² | 1977 | - |
| 100 Park Ln, Kerrville, TX 78028 | Immeuble residentiel | 2 683 m² | 1975 | - |
|
Summit Apartments
708 Smokey Mountain Dr, Kerrville, TX 78028 |
Immeuble residentiel | 2 586 m² | 1970 | - |
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Kerrville Portfolio
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