138 Grey Moss Ct - Apartments FOR SALE


Ingram, TX 78025
$370,000 USD
210-213-6886
138 Grey Moss Ct, Ingram, TX for Sale
$370,000 USD
Apartments - FOR SALE
1/73
null | Request Cap Rate

138 Grey Moss Ct
Ingram, TX 78025


HIGHLIGHTS

  • Fully occupied income-producing rental property
  • Immediate cash flow upon acquisition
  • Two (2) separate residential units
  • Lot size: 0.38 acres with mature landscaping
  • Unit A: 3BR / 2BA manufactured home (1,368 SF)
  • Unit B: 1BR / 1BA cottage (694 SF)

OVERVIEW

138 Grey Moss Ct., Ingram, TX 78025 offers a stabilized, income-producing investment in the Westwood Oaks subdivision of the Texas Hill Country. The property delivers immediate cash flow with 100% occupancy and a proven rental history. The site includes two separate residential units on one parcel, totaling 2,062± square feet on a 0.38-acre lot with mature landscaping. The first unit features a 3-bedroom, 2-bath manufactured home. The second unit includes a 1-bedroom, 1-bath cottage. Both units underwent renovations in 2022. The property sits within Ingram Independent School District, a key driver of rental demand. Its location offers quick access to Kerrville amenities, medical facilities, and regional employment centers. The Hill Country setting further supports consistent tenant demand. Current leases provide annual gross income of approximately $33,225. Investors can step into a turnkey asset with minimal capital needs and stable operations. Fencing between units supports tenant privacy and long-term retention. Seller financing may be available for qualified buyers. A nearby sister property also offers potential for portfolio expansion. Highlights: Investment Overview • Fully occupied income-producing rental property • 100% leased with established tenants • Annual gross income: ~$33,225 • Immediate cash flow upon acquisition • Seller financing may be available to qualified buyers • Sister property available for portfolio scaling Property Specifications • Two (2) separate residential units • Total living area: 2,062± SF • Lot size: 0.38 acres with mature landscaping • Unit A: 3BR / 2BA manufactured home (1,368 SF) • Unit B: 1BR / 1BA cottage (694 SF) • Renovated in 2022 • Ingram Independent School District Interior & Construction Features • Wood-look cabinetry throughout • Vinyl plank flooring • Premium countertops • Modern appliances in both units • Low-maintenance construction • Fencing between units for tenant privacy Financial & Operational Strengths • Strong monthly cash flow • Stable rent roll with annual leases in place • Minimal ongoing capital expenditure needs • Proven operating history • Low operating expense profile Location & Market Advantages • Located in Westwood Oaks, an established subdivision • Texas Hill Country setting with strong rental demand • Minutes to Kerrville amenities and medical facilities • Access to regional employment, tourism, and recreation • Proximity to Boerne and the San Antonio metro area • Desirable school district supporting long-term tenancy

FOR SALE DETAILS

PRICE

$370,000 USD

PRICE/SF

$179 USD /SF

# OF UNITS

2

PRICE/UNIT

$185,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

138 Grey Moss Ct. For Sale

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,881 SF

ZONING

OCL

APN/PARCEL ID

R41103

ASK ABOUT THIS PROPERTY

Glen BoehmBoehm Commercial GroupMore Info
210-213-6886

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Glen BoehmBoehm Commercial GroupMore Info
210-213-6886

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.