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2906-2908 Hunt St
Kerrville, TX 78028
Hunt Apartments · Multifamily Property For Sale
·
21 Units
Investment Highlights
- 21-unit multifamily investment opportunity
- 2025 projected NOI: $132,743
- 0.96± acres across four buildings
- Zoned R-3 (multifamily)
- 9,300± rentable square feet
- 6 studio units (300 SF each) and 15 one-bedroom / one-bath units (500 SF each)
Executive Summary
Boehm Commercial Group is pleased to bring to market 2822–2908 Hunt St, a 21-unit multifamily investment opportunity in Kerrville, Texas. This asset offers consistent income, strong occupancy history, and clear value-add potential.
The property spans four buildings across 0.96± acres and includes approximately 9,300± rentable square feet. Additionally, the unit mix features six studio units and fifteen one-bedroom, one-bathroom units, providing flexibility for a broad tenant base.
Importantly, over 60% of the units have been renovated. As a result, investors can continue upgrades to increase rental income and overall asset value. Meanwhile, the remaining units create a clear path for operational upside.
The property has historically maintained occupancy above 90%, which supports reliable cash flow. Furthermore, the NOI of $132,743 positions this asset as a strong income-producing investment.
From a location standpoint, the property sits just three miles from Schreiner University and only nine minutes from Interstate 10. Consequently, tenants benefit from convenient access to employment, education, and retail amenities, which helps support long-term occupancy.
In addition, the property includes on-site laundry facilities, city water and sewer service, and R-3 zoning for multifamily use. While originally built in 1950, the property has seen ongoing improvements that enhance its performance.
Overall, this offering presents a strategic opportunity for investors seeking a stabilized asset with continued upside in the growing Kerrville market.
The property spans four buildings across 0.96± acres and includes approximately 9,300± rentable square feet. Additionally, the unit mix features six studio units and fifteen one-bedroom, one-bathroom units, providing flexibility for a broad tenant base.
Importantly, over 60% of the units have been renovated. As a result, investors can continue upgrades to increase rental income and overall asset value. Meanwhile, the remaining units create a clear path for operational upside.
The property has historically maintained occupancy above 90%, which supports reliable cash flow. Furthermore, the NOI of $132,743 positions this asset as a strong income-producing investment.
From a location standpoint, the property sits just three miles from Schreiner University and only nine minutes from Interstate 10. Consequently, tenants benefit from convenient access to employment, education, and retail amenities, which helps support long-term occupancy.
In addition, the property includes on-site laundry facilities, city water and sewer service, and R-3 zoning for multifamily use. While originally built in 1950, the property has seen ongoing improvements that enhance its performance.
Overall, this offering presents a strategic opportunity for investors seeking a stabilized asset with continued upside in the growing Kerrville market.
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 21 | - | - |
Property Taxes
| Parcel Number | R33786 | Improvements Assessment | $400,842 CAD |
| Land Assessment | $71,120 CAD | Total Assessment | $471,962 CAD |
Property Taxes
Parcel Number
R33786
Land Assessment
$71,120 CAD
Improvements Assessment
$400,842 CAD
Total Assessment
$471,962 CAD
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