Share This Listing

Message

937 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Deerwood Apartments 101-112 Deerwood Dr 48 Unit Apartment Building For Sale Victoria, TX 77904

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Unmatched Going-In Yield
  • Below Market Rents
  • Well-Maintained Asset with Recent Improvements
  • Strong Operations with Excellent Trend Momentum in Collections
  • Low Supply Market with Robust Fundamentals
  • Interior Value-Add Potential & Additional Upside Opportunities

EXECUTIVE SUMMARY

Newmark has been exclusively retained to represent the Seller in the disposition of Deerwood Apartments. All inquiries about the Offering or the Property should be directed to Newmark.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type Investment
No. Units 48
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 2.85 AC
Building Size 43,680 SF
Average Occupancy 96%
No. Stories 2
Year Built 1979
Opportunity Zone Yes

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Heating
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Oven
  • Range

SITE AMENITIES

  • Furnished Units Available

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 48 - 910

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17700-001-00100
Land Assessment
$334,165 CAD
Improvements Assessment
$2,880,445 CAD
Total Assessment
$3,214,610 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 36860451

  • Date on Market: 2025-07-22

  • Last Updated:

  • Address: 101-112 Deerwood Dr, Victoria, TX 77904

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}