311 San Antonio AveBoerne, TX 78006

Boerne Villas, a 16-unit apartment building in Boerne, Texas, presents a compelling value-add investment opportunity. This fully occupied, Class C multifamily property boasts 14,464 square feet of net rentable space, spread across two, two-story buildings on a 0.89-acre lot. Built in 1970, the property offers immediate cash flow with significant upside potential. The 100% occupancy rate provides a stable income stream, while strategic interior and exterior improvements can increase rental rates and property value. Boerne, located in rapidly growing Kendall County, enjoys a 27% population increase since 2020, fueled by its high quality of life and proximity to San Antonio and other Hill Country attractions. The property's prime location, less than a mile from Boerne City Hall and the Boerne ISD Administration Center, offers convenient access to numerous local amenities, including restaurants, breweries, and parks. This central location on East Blanco Road ensures high visibility and tenant appeal. The combination of strong current performance and substantial value-add potential makes Boerne Villas an exceptional investment in a thriving Texas market. The property's convenient location near popular destinations like Mary's Tacos and River Road Park further enhances its attractiveness to both investors and tenants. This is a rare chance to acquire a stable, cash-flowing asset with considerable room for growth in a desirable and rapidly expanding area.