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33164580
33164670

3 Locations

RT
TX TX 0214332
Reyes Realty Group
TS
TX 0706585
Listed by Reyes Realty Group
$4,750,000
4 days on market
Updated 4 days ago
Opportunity zone

Multifamily Investment Portfolio

Details
APN 6270-0013-000
Property Type Multifamily
Sub Type Student Housing, Apartment Building
Square Footage 16,128
Units 2
Cap Rate 6.97%
NOI $315,500
Occupancy 90%
Tenancy Multi
Rent Bumps No
Pro-Forma Cap Rate 8.00%
Pro-Forma NOI $362,000
Class C
Year Built 1975
Year Renovated 2024
Buildings 14
Lot Size (SqFt) 8,598
Zoning N/A
Parking Spaces per unit
Sale Condition N/A

MULTIFAMILY INVESTMENT PORTFOLIO

Marketing description

Presenting an exceptional multifamily investment portfolio featuring three apartment complexes and one single-family residence, offering a rare combination of strong cash flow, stability, and upside potential. With an impressive average occupancy rate of approximately 95%, this portfolio demonstrates consistent performance and tenant demand in a growing market. Approximately 75% of the apartment units have been substantially updated within the past two years, providing modernized interiors that help support tenant retention and competitive rental rates while reducing immediate capital expenditure needs for a new owner.

The portfolio benefits from a solid resident base that includes several long-term tenants, creating dependable income and operational stability. Recent improvements throughout the properties enhance overall curb appeal and position the assets for continued appreciation and rental growth. The inclusion of the single-family residence adds additional income diversification and flexibility within the investment structure. This is an ideal opportunity for investors seeking a well-maintained, income-producing portfolio with proven occupancy history, value-add improvements already completed, and continued long-term upside potential.

Investment highlights

3 Apartment Buildings/1 Single Family Residence

95% Average Occupancy Rate

Numerous Long Term Tenants

75% of the units have been updated in the last 2 years

Listing Contacts

RT
TX TX 0214332
Reyes Realty Group
TS
TX 0706585
Listed by Reyes Realty Group

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$315,500.00
$26,291.67/mo

Valuation Metrics

0
DSCR
6.64%
Cap Rate
6.64%
ROI

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Additional Information

Name
Reyes Realty Group Team
License
TX 0214332
Brokerage
Andy A Reyes
Brokerage Phone
281-968-7759
Title
Broker of Record
Brokerage Address
112 South Gordon Street
Name
Theresa Scopel
License
0706585
Brokerage
REYES REALTY GROUP
Brokerage Phone
281-968-7759
Title
Real Estate Sales Person
Brokerage Address
112 South Gordon Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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