Listed by Boehm Commercial Group
$1,100,000
2822-2908 N Hunt St
Details
Property Type Multifamily
Sub Type Investment Opportunity
Square Footage 9,300
Net Rentable (SqFt) 9,300
Units 21
Cap Rate 8.98%
NOI $98,800
Price per SqFt $118
Class C
Year Built 1950
Buildings 4
Stories 1
Acreage 0.960
Zoning R3
21-unit multifamily investment opportunity
Investment highlights
- 21-unit multifamily investment opportunity
- NOI: $98,800 (2025)
- Historically 90%+ occupancy
- Stable in-place income with upside potential
- 9,300± rentable square feet
- 0.96± acres across four buildings
- Zoned R-3 (multifamily)
- Built in 1950
- 6 studio units (300 SF each)
- 15 one-bedroom / one-bath units (500 SF each)
- Over 60% of units renovated
- Opportunity to increase rents through upgrades
- Continued operational improvements available
- 3 miles to Schreiner University
- 9 minutes to Interstate 10
- Strong local rental demand drivers
- Convenient access to Kerrville amenities
- On-site laundry facility
- City water and sewer
- Proven long-term occupancy performance
Listing Contacts
Listed by Boehm Commercial Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$98,800.00
$8,233.33/mo
Valuation Metrics
0
DSCR
8.98%
Cap Rate
8.98%
ROI
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