This Multifamily Property is no longer advertised on LoopNet.com.

1315 Senator Carlos Truan Blvd
Kingsville, TX 78363

Quail Ridge Apartments · Multifamily Property For Sale · 29 Units

Apartment Buildings Texas Kingsville 1315 Senator Carlos Truan Blvd, Kingsville, TX 78363

INVESTMENT HIGHLIGHTS

  • 96% average occupancy Trailing 12 months
  • Fully renovated exterior - roofs, paint, plumbing and grounds. All renovated interior units (less a few legacy tenants)
  • Not required, but option to assume existing loan with 3.67% interest rate
  • True 5.9% cap rate on actual T12 NOI performance with continued upside
  • Individually metered electric (copper wiring) with RUBS opportunity for water/sewer/trash

PROPERTY FACTS

No. Units 29
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.84 AC
Building Size 23,810 SF
Average Occupancy 96%
No. Stories 1
Year Built 1965
Parking Ratio 3.94/1,000 SF

UNIT AMENITIES

  • Heating
  • Kitchen
  • Tub/Shower

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 9 $548.50 480
2+1 16 $716.00 625
3+1 3 $807.50 650
3+2 1 $1,320 1,299

PROPERTY TAXES

Parcel Number 16453 Improvements Assessment $1,897,330
Land Assessment $48,090 Total Assessment $1,945,420

ZONING

Zoning Code MF
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  • Listing ID: 26546013

  • Date on Market: 9/2/2022

  • Last Updated:

  • Address: 1315 Senator Carlos Truan Blvd, Kingsville, TX 78363

More public record information on 1315 Senator Carlos Truan Blvd, Kingsville, TX 78363

The Multifamily Property at 1315 Senator Carlos Truan Blvd, Kingsville, TX 78363 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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