Nopal Street Villas | 2335 Nopal St
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Nopal Street Villas 2335 Nopal St
10 Unit Apartment Building $1,250,000 ($125,000/Unit) 6.10% Cap Rate San Antonio, TX 78210
Investment Highlights
- South Side of SaBrooks - Mixed-Use Development
- South Texas Medical Center
- Missions National Historical Park
- Texas A&M University San Antonio
- Toyota Manufacturing Plant
Executive Summary
The Nopal Street Villas are located in the Highland Park neighborhood, near the popular South Side Lions Park. With easy access to I-37, residents can reach prime San Antonio areas like South Town and Downtown in just 10 minutes. The property is also a short drive from local schools and a nearby H-E-B Plus. Built in 2016, the complex consists of six two-bedroom, one-bath units (882 sq. ft. each) and four three-bedroom, two-bath units (1,087 sq. ft. each). Every unit offers washer and dryer connections, stained concrete floors, granite countertops, and private yards. The Nopal Street Villas are a well-maintained property with steady cash flow, making them an excellent investment opportunity.
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | $1,250,000 | Building Class | B |
| Price Per Unit | $125,000 | Lot Size | 0.59 AC |
| Sale Type | Investment | Building Size | 9,640 SF |
| Cap Rate | 6.10% | Average Occupancy | 90% |
| No. Units | 10 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2016 |
| Property Subtype | Apartment | Parking Ratio | 1.56/1,000 SF |
| Price | $1,250,000 |
| Price Per Unit | $125,000 |
| Sale Type | Investment |
| Cap Rate | 6.10% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.59 AC |
| Building Size | 9,640 SF |
| Average Occupancy | 90% |
| No. Stories | 1 |
| Year Built | 2016 |
| Parking Ratio | 1.56/1,000 SF |
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Ceiling Fans
- Yard
Site Amenities
- Wheelchair Accessible
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | $1,100 | 882 |
| 3+2 | 4 | $1,300 | 1,087 |
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Walk Score ®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 03843-002-0490 | Total Assessment | $1,250,000 (2023) |
| Land Assessment | $105,600 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,144,400 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
03843-002-0490
Land Assessment
$105,600 (2023)
Improvements Assessment
$1,144,400 (2023)
Total Assessment
$1,250,000 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
zoning
| Zoning Code | MF-18 |
| MF-18 |
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Nopal Street Villas | 2335 Nopal St
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