625 W. Mesquite Ave
Kingsville, TX 78363
For Sale
The property features a consistent unit mix consisting of 16 individual one-bedroom, one-bathroom apartments, each approximately 450 square feet.
The complex is exceptionally well-located for university access, situated within an approximate 5-minute walk to the Texas A&M UniversityKingsville campus.
Yes, the property includes an on-site laundry building, providing a necessary amenity for residents and a potential source of additional income for the owner.
This is primarily a value-add investment opportunity, allowing owners to increase asset value through interior and exterior renovations and improved management practices.
The property includes a separate storage building located at 628 W Mesquite, which can be used for maintenance equipment or potentially leased for extra revenue.
The property includes surface parking areas for residents, and its high walkability to the nearby campus reduces the reliance on vehicle commuting.
Kingsville has several local property management firms that specialize in student housing and multifamily rentals due to the proximity of the university.
Lease terms in this area often align with the academic calendar given the proximity to the university, though year-round traditional leases are also common.
In addition to Texas A&M UniversityKingsville, major local employers include the Naval Air Station Kingsville and various regional healthcare and retail providers.
Interested buyers should contact their preferred REALTOR to coordinate a showing and obtain further financial details and property disclosures.
Presenting a prime multifamily investment opportunity in the growing market of Kingsville, Texas. Located at 625 W Mesquite Ave, this 16-unit apartment complex is strategically situated to serve the high-demand rental needs of the local community and university population. Built in 1955, the property offers a classic footprint with substantial potential for modernization and value creation.
The property consists of sixteen separate units, each designed with a one-bedroom, one-bathroom layout. Spanning approximately 450 square feet per unit, these spaces are optimally sized for efficient maintenance and consistent occupancy. The inclusion of an on-site laundry facility and an additional storage building at 628 W Mesquite provides essential amenities that enhance the resident experience and offer potential for ancillary income.
For the savvy investor, this property represents a significant value-add play. With several units ready for immediate updates, there is a clear path to increasing the Net Operating Income (NOI) through interior renovations, exterior curb appeal enhancements, and strategic management. This asset allows for the implementation of market-rate rents following capital improvements.
Location is the primary driver of value for this complex. Being situated within a five-minute walk of Texas A&M University–Kingsville places this asset in a unique position to capture a steady stream of rental demand. Its proximity to the university, combined with easy access to local shopping centers and dining options, makes it a highly desirable location for those seeking proximity to campus life and city conveniences.
The Texas real estate market continues to show resilience, and Kingsville serves as a vital hub in Kleberg County. This 16-unit portfolio offers both scale and stability, making it an ideal acquisition for investors looking to establish a foothold or expand their presence in the South Texas multifamily sector. Schedule a private tour to explore the full potential of this income-generating asset.
This property is located at 625 W. Mesquite Ave, Kingsville, TX 78363