1 / 1814-Unit Multifamily in San Angelo, TX
Tom Green County, TX · listed Oct 29, 2026 (4 days)
- $/unit
- $53,214
- ▼ 47% vs TX · 9th pct
- Cap rate
- 7.5%
- ▲ 0.1 pts vs TX median
- NOI
- $56K
- $3,987/unit/yr
- Units
- 14
- 1 bldg · 1974
Financials
- Asking price
- $745,000
- Price per unit
- $53,214
- Price per sq ft
- $92
- Gross rent / year
- Not stated
- Net operating income
- $55,818
- NOI per unit
- $3,987
- Cap rate
- 7.5%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 14
- Unit mix
- one bed and one bath floor plan
- Buildings
- 1
- Year built
- 1974
- Building size
- 8,092 sq ft
- Avg unit size
- 578 sq ft
- Lot size
- 0.43 acres
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 29, 2026
- Days on market
- 4 days
- On MultifamilyRadar
- Nov 2, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 2299
About this property
Rowan Multifamily Advisors is pleased to announce the exclusive listing of The Enclave Apartments in San Angelo, Texas. The Enclave Apartments is a 1974 construction, fourteen-unit property offering a one bed and one bath floor plan at 600 square feet. Situated between Austin and Midland, The Enclave's location provides exposure to multiple regional employment hubs, steady through-traffic along key West Texas corridors, and the broader economic drivers connecting Central Texas to the Permian Basin.
Thirteen of the units have been upgraded by current management, as well as a remodeled laundry room. The Enclave's opportunity lies in continued property upgrades such as covered parking and in unit washers and dryers, as well as a RUBS implementation to recover utility costs.
Multifamily | 14 Units | $53,000/unit
Highlights
- Upgraded units helping to boost day one value
- Opportunity to boost annual revenue by ~25% in Year 1
- San Angelo's diversified economic base is anchored by stable institutions supporting consistent housing demand
Location
Approximate area. The exact address is shared on request.
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