6934 Crestway Rd
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6934 Crestway Rd
12 Unit Apartment Building $3,500,000 ($291,667/Unit) 5.10% Cap Rate San Antonio, TX 78239
Investment Highlights
- Low vacancy rate - ALREADY PROFITABLE!
- Zoned OCL, Airbnb/VRBO earning potential
- Ideal location
Executive Summary
Introducing an incredible commercial property - a stunning fourplex community consisting of three modern buildings for a total of 12 units, built in 2022. This prime location offers convenience, being centrally located and very close to i35, 1604, the Forum, schools, and shopping centers. Each of the 12 units unit spans 1260 square feet, offering three bedrooms and 2.5 bathrooms, with attractive finishes throughout. The spacious kitchens come with granite countertops, and the stained concrete flooring adds a touch of elegance. Residents will enjoy a private yard with a fence and the convenience of a one-car garage, along with additional visitor and resident parking. This property boasts a 100% occupancy rate with multiple tenant renewals, making it a highly profitable multi-family opportunity. Investors can capitalize on both long and short-term rentals, catering to commuters with a quick commute downtown, as well as those serving Randolph AFB and Ft. Sam Houston. Don't miss this amazing opportunity for lucrative multi-family living, all outside City Limits! NEISD SCHOOLS!
Please contact Debbie at (512) 350-0349 or Sandra at (210) 364-5850 for any showing requests and/or questions. Please send offers with proof of funds or pre-approval letter to deborahoprealtor@gmail.com and sgtxhomes@gmail.com. Please verify all zoning and tax information. Opportunity to assume current note at a lower interest rate. More details with agents. County AcctNos: 050517240040, 050517240090, 050517240120
Please contact Debbie at (512) 350-0349 or Sandra at (210) 364-5850 for any showing requests and/or questions. Please send offers with proof of funds or pre-approval letter to deborahoprealtor@gmail.com and sgtxhomes@gmail.com. Please verify all zoning and tax information. Opportunity to assume current note at a lower interest rate. More details with agents. County AcctNos: 050517240040, 050517240090, 050517240120
Property Facts
| Price | $3,500,000 | Building Class | B |
| Price Per Unit | $291,667 | Lot Size | 0.80 AC |
| Sale Type | Investment | Building Size | 14,700 SF |
| Cap Rate | 5.10% | Average Occupancy | 100% |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2022 |
| Property Subtype | Apartment | Parking Ratio | 0.07/1,000 SF |
| Apartment Style | Townhome |
| Price | $3,500,000 |
| Price Per Unit | $291,667 |
| Sale Type | Investment |
| Cap Rate | 5.10% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.80 AC |
| Building Size | 14,700 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2022 |
| Parking Ratio | 0.07/1,000 SF |
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Microwave
- Ceiling Fans
- Eat-in Kitchen
- Refrigerator
- Family Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 12 | $1,550 | 1,260 |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,819,400 | |
| Land Assessment | $146,290 | Total Assessment | $1,965,690 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$146,290
Improvements Assessment
$1,819,400
Total Assessment
$1,965,690
zoning
| Zoning Code | OCL |
| OCL |
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6934 Crestway Rd
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