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Hunsley Heights 2 S Hunsley Hills Blvd 18 Unit Apartment Building $7,490,000 ($416,111/Unit) 4% Cap Rate Canyon, TX 79015
Investment Highlights
- 18 Newly constructed Units-Mix of modern apartments and townhomes offering immediate appeal
- Strong Rental Demand- Consistent tenant base from university students, faculty, and local professionals (currently 100% occupancy)
- Prime Location- Walking distance to West Texas A&M University and adjacent to the high demand Hunsley Hills neighborhood
- Turnkey Asset- Fully completed with contemporary finishes and low maintenance design for operational efficiency
Executive Summary
Prime investment: newly built 18-unit multifamily near WTAMU and Hunsley Hills golf course. Featuring modern apartments (12 units newly constructed in 2023) and townhomes (6 units newly constructed 2024) currently 100% occupancy, and strong rental demand from students, faculty, and professionals. Located near major employers and retail, offering long-term value and rent growth. New construction means low maintenance, strong tenant appeal, and efficient management. A rare, turnkey opportunity in a growing West Texas market.
Property Facts
| Price | $7,490,000 | Apartment Style | Low-Rise |
| Price Per Unit | $416,111 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.91 AC |
| Cap Rate | 4% | Building Size | 20,488 SF |
| No. Units | 18 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2024 |
| Zoning | MF | ||
| Price | $7,490,000 |
| Price Per Unit | $416,111 |
| Sale Type | Investment |
| Cap Rate | 4% |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.91 AC |
| Building Size | 20,488 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2024 |
| Zoning | MF |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Microwave
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Double Vanities
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Carpet
- Wi-Fi
- Yard
- Double Pane Windows
- Framed Mirrors
- Freezer
- Island Kitchen
- Linen Closet
- Pantry
- Patio
- Porch
- Smoke Free
- Vinyl Flooring
- Wheelchair Accessible (Rooms)
- Window Coverings
- Large Bedrooms
Site Amenities
- Fenced Lot
- Wi-Fi
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 12 | - | - |
| 4+3.5 | 6 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 000000298420 | Improvements Assessment | $1,494,698 |
| Land Assessment | $59,459 | Total Assessment | $1,554,157 |
Property Taxes
Parcel Number
000000298420
Land Assessment
$59,459
Improvements Assessment
$1,494,698
Total Assessment
$1,554,157
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Hunsley Heights | 2 S Hunsley Hills Blvd
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