The Preserve at Candlemeadow 6007 Shashi Place
4 Unit Apartment Building $925,000 ($231,250/Unit) 6.15% Cap Rate San Antonio, TX 78244
EXECUTIVE SUMMARY
Brand New Construction
FINANCIAL SUMMARY (PRO FORMA - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| 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
|
PROPERTY FACTS
| Price | $925,000 |
| Price Per Unit | $231,250 |
| Sale Type | Investment |
| Cap Rate | 6.15% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.11 AC |
| Building Size | 5,000 SF |
| No. Stories | 2 |
| Year Built | 2023 |
| Parking Ratio | 0.4/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Heating
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2.5 | 4 | $1,750 | 1,250 |
1 of 1
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $941,980 | |
| Land Assessment | $221,560 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $720,420 | Tax Year | 2023 |
ZONING
| Zoning Code | Multi-family (MF-33) |
