1 / 3016-Unit Multifamily in Adkins, TX
TX · listed May 15, 2026 (166 days)
- $/unit
- $156,562
- ▲ 57% vs TX · 76th pct
- Cap rate
- —
- NOI
- $170K
- $10,650/unit/yr
- Units
- 16
- 2018
Financials
- Asking price
- $2,505,000
- Price per unit
- $156,562
- Price per sq ft
- $150
- Gross rent / year
- $252,000
- Net operating income
- $170,400
- NOI per unit
- $10,650
- Cap rate
- Not stated
- Gross yield
- 10.1%gross rent ÷ price
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 16
- Unit mix
- 16-Rental Units
- Buildings
- Not stated
- Year built
- 2018
- Building size
- 16,720 sq ft
- Avg unit size
- 1,045 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- May 15, 2026
- Days on market
- 166 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1228
About this property
(8-EA) 7-yr old.."4-Side Brick" Single Story Duplex's (16-Rental Units) on Approx 5.45 Acres to include Approx 2-Acres upfront w/Prime US Hwy 87 frontage for Future Expansion/Possible Commercial Type Usage/Strip Center/Storage Units or More Duplex's (No Restrictions or City Taxes) Ea Rental Unit is Approx 1045sf w/2-bd,2ba w/Oven/Stove combo,Gar Disposal,Dishwasher,Side x Side Frig/Freezer,Microwave,Laundry Connections & Approx 427sf Att'd Gar/Storage area w/Concrete Driveway...Wood Laminate & Ceramic Tile flooring Thru Out (No Carpet) 16 Electric Meters from GVEC Electric Co..2 Water Meters from East Central Water Co...8-Septic Tanks,,,Fenced Dog Park..Located Approx 1.5 Mi from La Vernia off US Hwy 87..***Monthly Gross Income Approx $21,000 Minus Approx $6,800 for Taxes,Insurance,Maintenance,Upkeep Etc***...PLUS the "Potential" for More Income w/ The 2-Acres up Near the Highway...Call 4 Detailed Packet of Info..Country Style Living in the Sought after La Vernia ISD....Wilson Co..Approx 20-min to San Antonio..GREAT LOCATION!!!
Location
Approximate area. The exact address is shared on request.
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