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1150 Babcock Rd
San Antonio, TX 78201

The Ascent · Multifamily Property For Sale · 154 Units

Investment Highlights

  • 90.2% Occupied
  • $125 Premiums on Upgraded Units
  • Nearby the Rapidly Growing South Texas Medical CenterCOMMERCIAL
  • Fixed 3.57% Assumable Loan for 7.3MM that Matures in 2030
  • Current Ownership Has Spent $1.2MM+ Since Acquiring it in 2020
  • All Boilers Replaced 2 Months Ago And Under Warranty

PROPERTY FACTS

No. Units 154
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 4.88 AC
Building Size 102,811 SF
Average Occupancy 86%
No. Stories 2
Year Built/Renovated 1965/2022

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Storage Space
  • Heating
  • Ceiling Fans
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Range
  • Views
  • Walk-In Closets
  • Freezer
  • Pantry

Site Amenities

  • Clubhouse
  • Courtyard
  • Laundry Facilities
  • Picnic Area
  • Pool
  • Property Manager on Site
  • Gated
  • Grill
  • Pet Play Area
  • Maintenance on site

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 8 $825.00 476
1+1 110 $927.50 490 - 665
2+1 24 $1,069 875 - 911
2+1.5 11 $1,158 955 - 995
2+2 1 $1,200 1,091

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13120-001-0021
Land Assessment
$873,680
Improvements Assessment
$9,276,320
Total Assessment
$10,150,000

zoning

Zoning Code C-2 OCL (Multifamily)
C-2 OCL (Multifamily)
  • Listing ID: 33437348

  • Date on Market: 10/7/2024

  • Last Updated:

  • Address: 1150 Babcock Rd, San Antonio, TX 78201

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