6-Unit Multifamily in Kingsville, TX
TX · listed Oct 29, 2026 (today)
- $/unit
- $79,167
- ▼ 21% vs TX · 30th pct
- Cap rate
- 6.8%
- ▼ 0.6 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 29, 2026
- Days on market
- Today
- On MultifamilyRadar
- Oct 29, 2026
- Last price change
- Not stated
- Location
- City only
- Listing #
- 2265
About this property
🏢 6 UNITS. $475,000. DIRECTLY ACROSS FROM THE UNIVERSITY.
Looking to add a multifamily property to your investment portfolio?
📍 (address on request)
This 6-unit apartment property offers investors an opportunity to acquire a recently renovated asset with additional income potential through lease-up and stabilization.
Investment Highlights:
✅ 6 Units – Four 2BR/1BA + Two 1BR/1BA ✅ Asking Price: $475,000 ✅ 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
With proximity to the university, Naval Air Station Kingsville, and CHRISTUS Spohn Hospital, this property is positioned near several important local rental demand drivers.
📄 Offering Memorandum, rent roll, and financials available! Reach out for more information or to schedule a tour.
Chris Parreira | Broker Associate W.C. Miller Properties 📞 ✉️
Wes Miller | Broker Owner W.C. Miller Properties 📞 ✉️
#MultifamilyInvesting #ApartmentInvesting #InvestmentProperty #KingsvilleTX #TexasRealEstate #CommercialRealEstate
Location
Somewhere in Kingsville. The exact address is shared on request.
Similar buildings nearby
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|---|---|---|---|
| Kingsville, TX Value-add | $500K | $83K$83K | — |
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 Kingsville, TX▼ 2% cutHigh yieldValue-add | $475K | $79K$79K | 12.1%gy |
| Kingsville, TX Value-add | $475K | $79K$79K | 6.8% |
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