1315 Senator Carlos Truan Blvd | Kingsville, TX 78363
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1315 Senator Carlos Truan Blvd
Kingsville, TX 78363
Quail Ridge Apartments · Residential Property For Sale · 29 Units
Investment Highlights
- 96% average occupancy Trailing 12 months
- Fully renovated exterior - roofs, paint, plumbing and grounds. All renovated interior units (less a few legacy tenants)
- Not required, but option to assume existing loan with 3.67% interest rate
- True 5.9% cap rate on actual T12 NOI performance with continued upside
- Individually metered electric (copper wiring) with RUBS opportunity for water/sewer/trash
PROPERTY FACTS
No. Units | 29 | Building Size | 23,810 SF |
Property Type | Residential | Average Occupancy | 96% |
Property Subtype | Apartment | Number of Floors | 1 |
Apartment Style | Garden | Year Built | 1965 |
Building Class | C | Parking Ratio | 3.94/1,000 SF |
Lot Size | 1.84 AC |
No. Units | 29 |
Property Type | Residential |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | C |
Lot Size | 1.84 AC |
Building Size | 23,810 SF |
Average Occupancy | 96% |
Number of Floors | 1 |
Year Built | 1965 |
Parking Ratio | 3.94/1,000 SF |
Unit Amenities
- Heating
- Kitchen
- Tub/Shower
Site Amenities
- Laundry Facilities
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
1+1 | 9 | £548.50 | 480 |
2+1 | 16 | £716.00 | 625 |
3+1 | 3 | £807.50 | 650 |
3+2 | 1 | £1,320 | 1,299 |
PROPERTY TAXES
Parcel Number | 16453 | Improvements Assessment | £1,509,174 |
Land Assessment | £38,252 | Total Assessment | £1,547,426 |
PROPERTY TAXES
Parcel Number
16453
Land Assessment
£38,252
Improvements Assessment
£1,509,174
Total Assessment
£1,547,426
zoning
Zoning Code | MF |
MF |
Listing ID: 26546013
Date on Market: 02/09/2022
Last Updated:
Address: 1315 Senator Carlos Truan Blvd, Kingsville, TX 78363
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