108 108, 112, 118 & 120 Milann St - Apartments FOR SALE
Victoria, TX 77901 |
$1,025,000 USD
281-809-4006
108 108, 112, 118 & 120 Milann St
Victoria, TX 77901
HIGHLIGHTS
- Texas A&M Victoria transition primed to drive enrollment growth and captive off-campus demand
- Within ±1.7 miles of Texas A&M University–Victoria campus and Citizens Medical Center
- Limited multifamily construction in Victoria with rent growth outpacing major Texas metros
- Median rents grown roughly 4–7% year-over-year in affordability-driven 77901 zip code
- Crossroads of US-59, US-77, and US-87 with 4 major metros within two hours
- 8-unit portfolio renovated in 2022 with value-add upside remaining
FOR SALE DETAILS
PRICE
$1,025,000 USD
PRICE/SF
$131 USD /SF
# OF UNITS
8
PRICE/UNIT
$128,125
CAP RATE
7.05%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Milann Duplex Portfolio
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1981
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.73 AC
LAND SF
31,683 SF
ZONING
-
APN/PARCEL ID
43300-001-01100,43300-001-01200,43300-001-01500,43400-001-017A0
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281-809-4006
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281-809-4006
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