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Contact Information
Brian McCarty
(C) (830) 459-6328
RE/MAX Kerrville
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Listing Details
MLS Number: 114997
List Price: $695,000
Property Type: Other Multi-Family
Street #: 150
Address: Lonesome Dove Lane
City: Kerrville
State: TX
Zip Code: 78028
Subdivision: None
Elementary School-Buyer to Verify: Starkey
Full Baths:  
Half Bath:  
City Limits: No
County: Kerr
Apx Acreage: 3.31
Lot Size: 3.31 ac
Gas Supplier:  
Sewer Supplier:  
Electric Supplier:  
Garbage Supplier:  
Water Supplier:  
Total # Units: 7
Separate Gas Meter:  
Separate Electric Meter: Yes
Separate Water Meter: Yes
Other Buildings:  
Unit 1 Bedrooms: 1
Unit 1 Full Baths: 1
Unit 1 Half Baths:  
Unit 1 Rent Mo:  
Unit 2 Bedrooms: 1
Unit 2 Full Baths: 1
Unit 2 Half Baths:  
Unit 2 Rent Mo:  
Unit 3 Bedrooms: 1
Unit 3 Full Baths: 1
Unit 3 Half Baths:  
Unit 3 Rent Mo:  
Unit 4 Bedrooms: 1
Unit 4 Full Baths: 1
Unit 4 Half Baths:  
Unit 4 Rent Mo:  
Unit 5 Bedrooms: 1
Unit 5 Full Baths: 1
Unit 5 Half Baths:  
Unit 5 Rent Mo:  
Style: Ranch
# Stories: Two
Construction/Exterior: Precast Concrete, Frame
Roof: Composition
Foundation: Pier & Beam
Floors: Carpet, Vinyl
Heat: Central, Electric
Air Conditioning: Central, Electric
Water: Central
Water Heater: Electric
Other Utilities: Electricity Connected
Fireplace: Other-See Remarks
Appliances: Other-See Remarks
Rooms/Buildings: None
Laundry: Closet, W/D Connection
Interior Features: Walk-in Closet(s)
Exterior Features: Deck/Patio, Stairs/Steps
Garage/Carport: 2 Car Carport
Water Features/Location: Pond, Waterfront
Topo/Land Desc: Partially Wooded
Access: HOA Road
Listing Office: RE/MAX Kerrville (#:1045)
Listing Agent: Brian McCarty (#:137)
Remarks: Opportunity Knocks! This 6 unit Apartment complex is a great project for an Investor/Builder who can finish up for a quick return on investment. 1 of the 6 units is move in ready with a 2nd unit just about complete. The remaining 4 units are at various stages of completion. Most of the fixtures, appliances, and cabinetry has been procured and installation awaits. There are 2 covered parking spaces for each unit. There's also a 1200 sq ft house on the property that could serve as an on site owner/manager residence or used for additional rental income. The house is pretty rough but has been partially gutted and also needs completion. Bring the right crew and this investment property will be cash flowing before you know it.
Additional Remarks:  
Buyer should independently verify taxes, accounts, acreage amount, minerals, zoning restrictions, easements, schools, square footage, room sizes and any other information as deemed necessary.