1 / 225-Unit Multifamily in Kerrville, TX
TX · listed Oct 7, 2026 (21 days)
- $/unit
- $173,000
- ▲ 73% vs TX · 81st pct
- Cap rate
- 9%
- ▲ 1.7 pts vs TX median
- Gross yield
- —
- Units
- 5
Financials
- Asking price
- $865,000
- Price per unit
- $173,000
- Price per sq ft
- $167
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- 9%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 5
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- Not stated
- Building size
- 5,192 sq ft
- Avg unit size
- 1,038 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 7, 2026
- Days on market
- 21 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1648
About this property
Turnkey, income-producing mobile home mini park featuring 5 updated manufactured homes on ~10 unrestricted acres with 9% Cap Rate. INVESTMENT HIGHLIGHTS • Immediate return on your investment with 9% cap rate • 5 updated & recently remodeled units with private fenced yards & carports • Strong occupancy history with regular rent increases • Low-maintenance, owner-managed property • Diversified rental income from 5 separate units • Perimeter fencing & established interior road system WATER & INFRASTRUCTURE • Deep well with 2,500-gal storage tank • Public water access via Texas Utilities • Wet-weather creek & pond on site EXPANSION POTENTIAL • Undeveloped acreage offers growth for extra home sites or improvements • Existing infrastructure supports community expansion Offers immediate return on your investment with steady rental income, established occupancy, land, & future growth potential.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Kerrville, TXOwner financingStabilized | $959K | $160K$160K | 5% |
 Kerrville, TXNewHigh yield | $1.1M | $52K$52K | 9% |
 Kerrville, TXHigh yieldValue-add | $1.1M | $52K$52K | 9% |
 Bandera, TXHigh yield | $450K | $75K$75K | 24.4%gy |
 Fredericksburg, TXStabilized | $990K | $165K$165K | — |
 Fredericksburg, TXStabilized | $1.85M | $154K$154K | — |