Multifamily Property for Sale
Here is the opportunity to purchase 678-unit community in North Central
San Antoinio in one of the city's desirable and supply constrained submarkets.
The asset presents a complete value-add opportunity giving the investors the
opportunity to acquire a large-scale asset at low basis with a substantial upside
through a renovation program. The current ownership has invested $1.5 million
in capital improvements. Highlights:
1-Location: San Antonio, Texas
2-Year Built: 1965
3-Units: 678
4-Occupancy: 91.74%
5-Effective Gross Income: $6,319,665
6-Total Operating Expenses: $3,992,613
7-Net Operating Income: $2,157,552
Financials (USD)
Net Operating Income (Annual) Not Disclosed
Asking Price Not Disclosed
Cap Rate Available On Request
Deal Terms
Broker Co-Op? Available On Request
Seller Financing Available? Available On Request
Seller Willing To Lease? Available On Request
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