1315 Senator Carlos Truan Blvd | Kingsville, TX 78363
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This Multifamily Property is no longer advertised on LoopNet.com.
1315 Senator Carlos Truan Blvd
Kingsville, TX 78363
Quail Ridge Apartments · Multifamily Property For Sale
·
29 Units

INVESTMENT HIGHLIGHTS
- 96% average occupancy Trailing 12 months
- Fully renovated exterior - roofs, paint, plumbing and grounds. All renovated interior units (less a few legacy tenants)
- Not required, but option to assume existing loan with 3.67% interest rate
- True 5.9% cap rate on actual T12 NOI performance with continued upside
- Individually metered electric (copper wiring) with RUBS opportunity for water/sewer/trash
PROPERTY FACTS
| No. Units | 29 | Building Size | 23,810 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1965 |
| Building Class | C | Parking Ratio | 3.94/1,000 SF |
| Lot Size | 1.84 AC | ||
| Zoning | MF | ||
| No. Units | 29 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.84 AC |
| Building Size | 23,810 SF |
| Average Occupancy | 96% |
| No. Stories | 1 |
| Year Built | 1965 |
| Parking Ratio | 3.94/1,000 SF |
| Zoning | MF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Views
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Tenant Controlled HVAC
- Walking/Biking Trails
- Maintenance on site
- Online Services
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 9 | $548.50 | 480 |
| 2+1 | 16 | $716.00 | 625 |
| 3+1 | 3 | $807.50 | 650 |
| 3+2 | 1 | $1,320 | 1,299 |
PROPERTY TAXES
| Parcel Number | 16453 | Improvements Assessment | $630,290 |
| Land Assessment | $48,090 | Total Assessment | $678,380 |
PROPERTY TAXES
Parcel Number
16453
Land Assessment
$48,090
Improvements Assessment
$630,290
Total Assessment
$678,380
Listing ID: 26546013
Date on Market: 9/2/2022
Last Updated:
Address: 1315 Senator Carlos Truan Blvd, Kingsville, TX 78363
The Multifamily Property at 1315 Senator Carlos Truan Blvd, Kingsville, TX 78363 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
NEARBY LISTINGS
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