Kerrville Portfolio 4 Multifamily Properties Offered at $13,500,000 in Kerrville, TX

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.