Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

959 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

2331 Cincinnati Ave

16 Unit Apartment Building $1,995,000 ($124,688/Unit) 10.13% Cap Rate San Antonio, TX 78228

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Multifamily/Low-Rise/Garden investment opportunity
Desirable unit mix
Strong rental history and well-maintained property

14,112 SF building with 16 units
Established tenant base
Attractive investment yield

Executive Summary

Fantastic Location! Just 0.7 miles from St. Mary's University, with incredible value-add potential. Located minutes from Woodlawn Lake and downtown, and a short drive to Southtown and The Pearl. Enjoy a quick commute to the airport, San Antonio Medical Center, and even closer proximity to Lackland AFB and Port San Antonio. This is a prime development opportunity with the potential to build 8 additional units. Don't miss out on this exceptional purchase opportunity!

2331 Cincinnati Ave OM

Property Facts Under Contract

Price	$1,995,000	Property Subtype	Apartment Multifamily Dormitory
Price Per Unit	$124,688	Apartment Style	Low Rise
Sale Type	Investment	Building Class	C
Cap Rate	10.13%	Lot Size	1.13 AC
Sale Conditions	Build to Suit	Building Size	14,112 SF
Gross Rent Multiplier	7.07	No. Stories	2
No. Units	16	Year Built/Renovated	1945/2021
Property Type	Multifamily	Parking Ratio	0.71/1,000 SF

Price	$1,995,000
Price Per Unit	$124,688
Sale Type	Investment
Cap Rate	10.13%
Sale Conditions	Build to Suit
Gross Rent Multiplier	7.07
No. Units	16
Property Type	Multifamily
Property Subtype	Apartment Multifamily Dormitory
Apartment Style	Low Rise
Building Class	C
Lot Size	1.13 AC
Building Size	14,112 SF
No. Stories	2
Year Built/Renovated	1945/2021
Parking Ratio	0.71/1,000 SF