www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
27429078
27429079

2420 S 6th St, Kingsville, TX 78363

MW
TX 673251
Berkadia Commercial Mortgage Dallas
Listed by Berkadia Commercial Mortgage Dallas
Unpriced
243 days on market
Updated 123 days ago

Kingsman Apartments

Details
Property Type Multifamily
Sub Type Apartment Building
Units 66
Year Built 1972
Buildings 10

93% Occupancy + Value-Add Potential

Marketing description

Kingsman Apartments offers investors a compelling value-add opportunity in the heart of Kingsville, TX—home to Texas A&M University-Kingsville and a strong base of military, education, and healthcare employment. This 66-unit garden-style community features a mix of one- and two-bedroom floorplans across well-maintained buildings with ample parking and green space. With current rents below market and upside through interior upgrades and operational efficiencies, Kingsman is primed for repositioning in a supply-constrained submarket. The property benefits from proximity to major thoroughfares, retail, and employers, making it attractive to both students and working professionals. This is a rare chance to acquire scale in a stable, underserved market with long-term growth potential.

Prospective purchasers will have the opportunity to visit the Property via

pre-scheduled property tours. These tours will include access to a representative

sampling of units and access to common areas and other similar facilities. In order

to accommodate the property’s ongoing operations, visitation will require advance

notice and scheduling through Berkadia.

Offers should be presented in the form of a non-binding Letter of Intent, spelling out

the significant terms and conditions of Purchaser’s offers including, but not limited

to:

1. Asset pricing

2. Due diligence and closing time frame

3. Earnest Money deposit

4. A description of the debt / equity structure

5. Qualifications to close

The purchase terms shall require that All Cash be paid at closing. Offers should be

delivered to the attention of one of the brokers at the address and/or emails listed

Investment highlights

  • 10% new lease tradeouts and 4% renewal growth

  • Ownership capex upgrades ($8k/unit)

  • Operational Upside

    • Internet Contract

    • Parking/Carport

    • Increase rents on units with granite

  • Lease the model unit

  • Stellar online reviews

Listing Contacts

MW
TX 673251
Berkadia Commercial Mortgage Dallas
Listed by Berkadia Commercial Mortgage Dallas

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Matt Wideman
License
673251
Brokerage
Berkadia Commercial Mortgage
Brokerage Phone
2143603847
Title
Real Estate Salesperson
Brokerage Address
5960 Berkshire Lane
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591