1407 Sidney Baker St - Apartments FOR SALE


Kerrville, TX 78028
$14,300,000 USD
361-728-3313
1407 Sidney Baker St, Kerrville, TX for Sale
$14,300,000 USD
Apartments - FOR SALE
1/38
null | 4.88% Cap Rate

1407 Sidney Baker St
Kerrville, TX 78028


OVERVIEW

Introducing The Sidney Baker Luxury Apartments, a premier multifamily investment opportunity in the heart of the Texas Hill Country. Located at 1407 Sidney Baker Street in Kerrville, this luxury-branded community offers a rare combination of high visibility, strong tenancy, and lifestyle appeal, positioned directly off one of Kerrville’s busiest commercial corridors. According to TxDOT, Sidney Baker Street (SH-16) averages approximately 15,000–21,000 vehicles per day, offering unmatched exposure for future ownership and signage opportunities.The property maintains an impressive 95%–100% occupancy rate, a testament to its strong management and consistent tenant demand. Comprised of spacious 1-bed/1-bath, 2-bed/2-bath, and 3-bed/2-bath units ranging from 900 sq ft to 1,399 sq ft, each residence features open-concept layouts, premium finishes, and private patios or balconies. Residents enjoy resort-style amenities, including a sparkling community pool, controlled-access entry, beautifully landscaped common areas, and plentiful parking throughout the gated property. Perfectly positioned along Sidney Baker Street, this asset offers quick access to major employers, retail centers, and healthcare hubs, while backing up directly to the Scott Schreiner Municipal Golf Course, providing serene views and a distinctive competitive advantage within the Kerrville rental market.With historically stable performance, minimal turnover, and future rent-growth potential, The Sidney Baker presents a strong addition to any investor’s portfolio. This is a turn-key, income-producing asset with proven returns and long-term appreciation potential, an exceptional opportunity to acquire a luxury multifamily property with premier frontage, top-tier tenancy, and timeless Hill Country appeal.

FOR SALE DETAILS

PRICE

$14,300,000 USD

PRICE/SF

$199 USD /SF

# OF UNITS

60

PRICE/UNIT

$238,333

CAP RATE

4.88%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Sidney Baker Luxury Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2018

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.2 AC

LAND SF

139,348 SF

ZONING

C2

APN/PARCEL ID

R536311

ASK ABOUT THIS PROPERTY

Justin ColmeneroPrime Real EstateMore Info
361-728-3313

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Justin ColmeneroPrime Real EstateMore Info
361-728-3313

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