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Simpson Fourplex Portfolio 1 Multifamily Properties Offered at $2,500,000 in Victoria, TX
Investment Highlights
- Texas A&M Victoria transition primed to drive enrollment growth and captive off-campus demand
- Median rents grown roughly 4–7% year-over-year in affordability-driven 77904 zip code
- 20-unit portfolio renovated in 2020 with value-add upside remaining
- Limited multifamily construction in Victoria with rent growth outpacing major Texas metros
- Crossroads of US-59, US-77, and US-87 with 4 major metros within two hours
Executive Summary
Broker Of Record
Patrick Graham
Matthews Real Estate Investment Services, Inc
528005, 9005919 (TX)
2699 Howell St., Suite 400, Dallas, TX 75204 (866) 889-0550
Patrick Graham
Matthews Real Estate Investment Services, Inc
528005, 9005919 (TX)
2699 Howell St., Suite 400, Dallas, TX 75204 (866) 889-0550
Property Facts
| Price | $2,500,000 | Number of Properties | 5 |
| Price / SF | $620.04 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 4,032 SF |
| Status | Active | Total Land Area | 0.25 AC |
| Price | $2,500,000 |
| Price / SF | $620.04 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 4,032 SF |
| Total Land Area | 0.25 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 907 Simpson Rd, Victoria, TX 77904 | Multifamily | 4,032 SF | 1978 | - |
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