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Sage Rock Apartments 1814 Broadway

17 Unit Apartment Building $1,600,000 ($94,118/Unit) Kerrville, TX 78028

Investment Highlights

  • Fully Occupied
  • Great Location
  • Metal Roof

Executive Summary

Welcome to 1814 Broadway, a premier commercial real estate opportunity in the heart of Kerrville, Texas. This asset comprises 17 rentable units and an enhanced on-site washeteria, providing an attractive proposition for both tenants and investors.
Prospective buyers are invited to inquire for detailed financials, including profit and loss statements, pro forma projections, and cap rates, to fully appreciate the lucrative potential of this property. Seize this rare opportunity to invest in a flourishing community and secure a robust return on investment- John Barrera-Tinsley Realty Group, EXP Realty

Property Facts

Price $1,600,000
Price Per Unit $94,118
Sale Type Investment
Sale Conditions Build to Suit
No. Units 17
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.87 AC
Building Size 16,000 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1941/2024
Parking Ratio 10/1,000 SF

Unit Amenities

  • Kitchen
  • Tub/Shower

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 17 $900.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R38457
Land Assessment
$250,122
Improvements Assessment
$103,039
Total Assessment
$353,161

zoning

Zoning Code C2
C2
  • Listing ID: 33539225

  • Date on Market: 10/16/2024

  • Last Updated:

  • Address: 1814 Broadway, Kerrville, TX 78028

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