3115 and Memorial Blvd,
3115 and Memorial Blvd Kerrville, Texas 78028 United States

3115 and Memorial Blvd
3115 and Memorial Blvd Kerrville, Texas 78028 United States

$1,150,000
 
  • 1 Acres
    Exterior
  • New Listing

About 3115 and Memorial Blvd, Kerrville, Texas

Great investment opportunity on the growing eastside of Kerrville. Property is 1.06+/- acres with approximately 210 feet of Highway 27 frontage. There are a total of 7 rental units made up of two duplex's, two single family units and a travel trailer. Estimated cap rate on investment is currently around 6.5 % and once the rents have been adjusted to market prices it will be even higher. Property is in good condition and has been maintained well. Most tenants on a month to month basis. Rent roll and property condition statements are available upon request to qualified buyers. This property can be bought in conjunction with an additional 0.73+/- acres that adjoins on the west side. The property is zoned C-3 which allows for wide range of commercial uses. Both properties are just down the street from where the new What A Burger restaurant is being built. Some of the units have carports attached.

Listing courtesy of Gary E. Cochrane Company

Marketed By

Gary E. Cochrane Company

Property ID:105323

MLS ID:105323

Listing Courtesy of Gary E. Cochrane Company
United StatesTexasKerrville3115 and Memorial Blvd