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Investment Highlights

  • Oversized Garages
  • Upgraded Flooring in Multiple Units
  • New A/C units and Fresh paint in Multiple Units

Executive Summary

This well maintained 6-unit family property is a prime investment opportunity in the growing community of Gonzales, Texas. The property consists of (6) one bedroom, one-bathroom apartments, each featuring oversized attached garages offering tenants added convenience and storage. Washer/Dryer connection in each unit. Currently 100% Occupied with well-established rental history. This property offers immediate cash flow with significant room for future value growth through strategic improvements like converting a portion of garage space into an additional bedroom for increased rent potential of a 2/1! This property benefits from steady rental demand, convenient access to local amenities, restaurants and shopping!

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $97,383 $13.80
Other Income - -
Vacancy Loss - -
Effective Gross Income $97,383 $13.80
Taxes - -
Operating Expenses - -
Total Expenses $31,225 $4.43
Net Operating Income $66,157 $9.38

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $97,383
Annual Per SF $13.80
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $97,383
Annual Per SF $13.80
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $31,225
Annual Per SF $4.43
Net Operating Income (CAD)
Annual $66,157
Annual Per SF $9.38

Property Facts

Price $893,368 CAD
Price Per Unit $148,895 CAD
Sale Type Investment
Cap Rate 7.41%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.50 AC
Building Size 7,056 SF
Average Occupancy 100%
No. Stories 1
Year Built 2013
Parking Ratio 1.7/1,000 SF
Zoning B1 - Residential Multi-Family

Amenities

Unit Amenities

  • Air Conditioning
  • Washer/Dryer Hookup
  • Kitchen
  • Refrigerator
  • Tub/Shower
  • Family Room

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 $1,342 CAD 588
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
11188
Land Assessment
$41,439 CAD
Improvements Assessment
$658,267 CAD
Total Assessment
$699,706 CAD
  • Listing ID: 39062231

  • Date on Market: 2026-01-13

  • Last Updated:

  • Address: 815 Saint Peter St, Gonzales, TX 78629

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