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1605 Water St
Kerrville, TX 78028

Price Upon Request

Apartments For Sale  •  27,470 SF

Property Details

  • Property Type Apartments
  • Total Building Size 27,470 SF
  • Lot Size 2.16 AC
  • Building Class C
  • Year Built 1965
  • Zoning C16
0 Transit Score
54 Walk Score

Highlights

Recently renovated 47-unit multifamily asset desirably positioned along the serene Guadalupe River with ample on-site parking in Kerrville, Texas.
Conveniently situated 0.5 miles from downtown, 0.6 miles from the TX 16/Sidney Baker St, and TX 173/Bandera Hwy junction and 3.5 miles to I-10.
Stabilized acquisition at 92% occupancy, offering a value-add investment opportunity for a new owner to discover additional revenue opportunities.
Significantly positioned within sought-after proximity of noteworthy amenities to accommodate the demand of the surrounding growing population.

Amenities

  • 24 Hour Access
  • Courtyard
  • Laundry Facilities
  • Picnic Area
  • Waterfront
  • Ceiling Fans
  • Refrigerator
  • Oven
  • Range
  • Carpet
  • Porch
  • Vinyl Flooring

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes