526 Wilkes St - Apartments FOR SALE


Wharton, TX 77488
$1,500,000 USD
281-546-7625
526 Wilkes St, Wharton, TX for Sale
$1,500,000 USD
Apartments - FOR SALE
1/7
null | 12.5% Cap Rate

526 Wilkes St
Wharton, TX 77488


OVERVIEW

This 16-unit, 40,378-square-foot multifamily property sits on 0.926 acres in the growing Wharton market. Built in 1977, it offers solid construction and value-add potential. Located near Houston, it benefits from strong rental demand and area growth. A prime opportunity for steady cash flow and long-term appreciation.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$37 USD /SF

# OF UNITS

8

PRICE/UNIT

$187,500

CAP RATE

12.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fountainhead Wharton Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

-

APN/PARCEL ID

R057705

ASK ABOUT THIS PROPERTY

Natasha SuriApexMore Info
281-546-7625

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Natasha SuriApexMore Info
281-546-7625

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