6-Unit Multifamily in Kingsville, TX
TX · listed Oct 15, 2026 (13 days)
- $/unit
- $79,167
- ▼ 21% vs TX · 30th pct
- Cap rate
- 6.8%
- ▼ 0.5 pts vs TX median
- NOI
- $32K
- $5,363/unit/yr
- Units
- 6
Financials
- Asking price
- $475,000
- Price per unit
- $79,167
- Price per sq ft
- Not stated
- Gross rent / year
- Not stated
- Net operating income
- $32,180
- NOI per unit
- $5,363
- Cap rate
- 6.8%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 6
- Unit mix
- Four 2BR/1BA + Two 1BR/1BA
- Buildings
- Not stated
- Year built
- Not stated
- Building size
- Not stated
- Avg unit size
- Not stated
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 15, 2026
- Days on market
- 13 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- City only
- Listing #
- 1492
About this property
🏢 6-UNIT MULTIFAMILY INVESTMENT | KINGSVILLE, TX
Looking for an investment property with a strong location and room to increase income?
📍 (address on request) 💰 Offered at $475,000
Located directly across from Texas A&M University-Kingsville, this 6-unit multifamily property offers investors an opportunity to acquire a recently renovated asset with additional upside through lease-up and stabilization.
Investment Highlights: ✅ 6 Units – Four 2BR/1BA + Two 1BR/1BA ✅ 4,172 SF | Renovated in 2022 ✅ Approximately $79,167 per unit ✅ Pro Forma NOI: $32,180 ✅ Approximately 6.78% Pro Forma Cap Rate ✅ Directly across from Texas A&M University-Kingsville ✅ Near Naval Air Station Kingsville and CHRISTUS Spohn Hospital
Whether you're expanding an existing portfolio, transitioning into multifamily, or searching for a potential 1031 exchange property, this opportunity is worth exploring.
📩 Offering Memorandum, rent roll, and financials available upon request.
Chris Parreira Broker Associate | W.C. Miller Properties 📞 ✉️
Wes Miller Broker Owner | W.C. Miller Properties 📞 ✉️
#Multifamily #RealEstateInvesting #ApartmentInvesting #InvestmentProperty #KingsvilleTX #TexasRealEstate #CommercialRealEstate #1031Exchange
Location
Somewhere in Kingsville. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
| Kingsville, TX Value-add | $500K | $83K$83K | — |
 Kingsville, TX▼ 2% cutHigh yieldValue-add | $475K | $79K$79K | 12.1%gy |
 Corpus Christi, TXNew | $679K | $97K$97K | — |
 Corpus Christi, TXNew | $1.09M | $91K$91K | — |
 Portland, TXStabilized | $1.32M | $133K$133K | 6.3% |
 Corpus Christi, TXValue-add | $1.9M | $70K$70K | — |