1 / 310-Unit Multifamily in Kilgore, TX
Gregg County, TX · listed Sep 19, 2025 (404 days)
- $/unit
- $130,000
- ▲ 41% vs TX · 69th pct
- Cap rate
- 6.4%
- ▼ 1.0 pts vs TX median
- NOI
- $85K
- $8,518/unit/yr
- Units
- 10
- 2 bldg · 2022
Financials
- Asking price
- $1,300,000
- Price per unit
- $130,000
- Price per sq ft
- $207
- Gross rent / year
- Not stated
- Net operating income
- $85,177
- NOI per unit
- $8,518
- Cap rate
- 6.4%
- Gross yield
- Not stated
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 10
- Unit mix
- 10 units
- Buildings
- 2
- Year built
- 2022
- Building size
- 6,268 sq ft
- Avg unit size
- 627 sq ft
- Lot size
- 0.4 acres
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Sep 19, 2025
- Days on market
- 404 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1021
About this property
Introducing a prime investment opportunity in Kilgore – a meticulously crafted 6,268 SF multi-tenant building, boasting 10 units and remodeled in 2022. This contemporary property is thoughtfully designed and unique to the Kilgore area. Each unit is 1bd/1ba with tile floors, granite countertops, washer/dryer hook-ups, and stainless steel appliances. This property is in high demand and regularly maintains 100% vacancy.
Discover the charm of Kilgore, TX, a vibrant community known for its rich history, cultural attractions, and thriving business environment. Nestled in the heart of the East Texas oil region, the area offers a blend of small-town charm and modern conveniences. Prospective investors will find a range of nearby points of interest, including the East Texas Oil Museum, Kilgore College, and the beautifully restored downtown area featuring local shops and dining.
Multifamily | 6.36% CAP | 10 Units
Highlights
- 6,268 SF office building
- 10 units for versatile leasing options
- Newly remodeled in 2022
- Zoned A for maximum flexibility
- Prime location in Kilgore area
- Covered Tenant Parking
- Close to Restaurants & Entertainment
- Close Proximity to Kilgore College
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
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|---|---|---|---|
| Longview, TX NewOwner financingStabilized | $210K | $30K$30K | — |
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| Longview, TX Owner financingHigh yieldValue-add | $225K | $32K$32K | 24.5%gy |
| Longview, TX NewOwner financingHigh yield | $225K | $32K$32K | 24.5%gy |
| Longview, TX NewOwner financingStabilized | $210K | $30K$30K | — |
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