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815 Ranchero Rd
Kerrville, TX 78028
Park Hill Apartments · Multifamily Property For Sale
·
49 Units
Investment Highlights
- Property has Maintained High Occupancy for Trailing 24 Months
- Minimal New Multifamily Development with Sub-3% Vacancy Driving 4-6% Annual Rent Growth
- Immediate Upside by Adding Washer/Dryer Sets to those Units to Achieve at Least $50/Month Premiums
- Commercial and Healthcare Hub Serving Seven-County Region 60 Miles Northwest of San Antonio
Property Facts
| No. Units | 49 | Lot Size | 3.90 AC |
| Property Type | Multifamily | Building Size | 34,825 SF |
| Property Subtype | Apartment | Average Occupancy | 98% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 1977 |
| No. Units | 49 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.90 AC |
| Building Size | 34,825 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 1977 |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
- Window Coverings
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Recycling
- Trash Pickup - Curbside
- Walking/Biking Trails
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 11 | - | - |
| 2+2 | 38 | - | - |
Property Taxes
| Parcel Number | R13951 | Improvements Assessment | $1,448,071 |
| Land Assessment | $156,000 | Total Assessment | $1,604,071 |
Property Taxes
Parcel Number
R13951
Land Assessment
$156,000
Improvements Assessment
$1,448,071
Total Assessment
$1,604,071
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