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The Icon Apartments 240 Units 1300 Patricia

240 Unit Apartment Building $18,250,000 ($76,042/Unit) San Antonio, TX 78213

Investment Highlights

  • Continue Interior Upgrade Program
  • Furnish Stackable Washer/Dryer Sets
  • Maximize Vacant Land in High Traffic Area
  • $5M+ in Recent Capital Improvements
  • Add Covered Reserved Parking Spaces
  • Eliminate Lost Income

Executive Summary

Marcus & Millichap is pleased to announce the exclusive listing of Icon, a 240-unit apartment community in San Antonio, Texas.

Data Room Click Here to Access

Property Facts Under Contract

Price $18,250,000
Price Per Unit $76,042
Sale Type Investment
No. Units 240
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 8.86 AC
Building Size 183,312 SF
Average Occupancy 74%
No. Stories 3
Year Built/Renovated 1980/2005
Parking Ratio 2.09/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Fireplace
  • Microwave
  • Washer/Dryer Hookup
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Walk-In Closets
  • Wi-Fi

Site Amenities

  • Controlled Access
  • Fitness Center
  • Laundry Facilities
  • Picnic Area
  • Pool
  • Gated
  • Grill

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 168 - 470 - 717
2+1 32 - 800
2+2 40 - 956

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16616-003-1050
Land Assessment
$1,535,870
Improvements Assessment
$20,214,130
Total Assessment
$21,750,000

zoning

Zoning Code MF-33
MF-33
  • Listing ID: 31536251

  • Date on Market: 4/17/2024

  • Last Updated:

  • Address: 1300 Patricia, San Antonio, TX 78213

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