1605 Water St | Kerrville, TX 78028
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1605 Water St
Kerrville, TX 78028
Growing Area in Walking Distance to Downtown · Multifamily Property For Sale
·
47 Units
INVESTMENT HIGHLIGHTS
- Recently renovated 47-unit multifamily asset desirably positioned along the serene Guadalupe River with ample on-site parking in Kerrville, Texas.
- Stabilized acquisition at 92% occupancy, offering a value-add investment opportunity for a new owner to discover additional revenue opportunities.
- 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.
- Significantly positioned within sought-after proximity of noteworthy amenities to accommodate the demand of the surrounding growing population.
PROPERTY FACTS
| No. Units | 47 | Lot Size | 2.16 AC |
| Property Type | Multifamily | Building Size | 27,470 SF |
| Property Subtype | Apartment | Average Occupancy | 91% |
| Apartment Style | Garden | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1965/2024 |
| Zoning | C16 - Multi Family | ||
| No. Units | 47 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.16 AC |
| Building Size | 27,470 SF |
| Average Occupancy | 91% |
| No. Stories | 1 |
| Year Built/Renovated | 1965/2024 |
| Zoning | C16 - Multi Family |
AMENITIES
UNIT AMENITIES
- Ceiling Fans
- Refrigerator
- Oven
- Range
- Carpet
- Porch
- Vinyl Flooring
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Picnic Area
- Waterfront
PROPERTY TAXES
| Parcel Number | R71735 | Improvements Assessment | $545,975 |
| Land Assessment | $219,758 | Total Assessment | $765,733 |
PROPERTY TAXES
Parcel Number
R71735
Land Assessment
$219,758
Improvements Assessment
$545,975
Total Assessment
$765,733
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
