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7222 John Palmer Dr. 8126 Glen Mont Dr

2 Unit Apartment Building $459,900 ($229,950/Unit) 6.04% Cap Rate San Antonio, TX 78239

Investment Highlights

  • Great Investment Opportunity to purchase cash-producing in the sought-after North-East side. Near great shopping and the Forum, RBFC and Ikea.
  • Each Duplex consist in 6 beds., 4 full baths, 2 half baths, Walk-In Closets, Walk-In Shower and Raised Ceiling
  • Open Floor Plan with Granit countertops, stove, dishwasher, overhead microwave and refrigerator. Laminated floors and carpets.

Executive Summary

Beautiful duplex under construction, expected to be delivered Feb. 2025. Investors opportunity!!!! Rents are projected at $1,600.00. Great Investment opportunity to purchase cash-producing in the sought-after North-East side. Near great shopping and the Forum, Randolph Brooks Federal Credit Union, and IKEA. Each Duplex consists of 6 Bedrooms, 4 Full bathrooms & 2 half baths. Walk-In Closets, Walk-In Shower, and Raised Ceiling in Master Bedroom. Open floorplan, fenced backyards great for kids and barbecues. Attached one car-garage for each Townhouse. Each unit has an open floor plan with granite countertops, stove, dishwasher, overhead microwave, and refrigerator included. Laminated floors throughout, no carpets at all!! Photos are from property recently completed.

Attachments

MONTGOMERY 2024

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $38,400 $14.77
Other Income - -
Vacancy Loss - -
Effective Gross Income $38,400 $14.77
Taxes $5,500 $2.12
Operating Expenses $2,720 $1.05
Total Expenses $8,220 $3.16
Net Operating Income $30,180 $11.61

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $38,400
Annual Per SF $14.77
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $38,400
Annual Per SF $14.77
Taxes
Annual $5,500
Annual Per SF $2.12
Operating Expenses
Annual $2,720
Annual Per SF $1.05
Total Expenses
Annual $8,220
Annual Per SF $3.16
Net Operating Income
Annual $30,180
Annual Per SF $11.61

Property Facts

Price $459,900
Price Per Unit $229,950
Sale Type Investment
Cap Rate 6.04%
Sale Conditions
Business Value Included
  • Building in Shell Condition
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Lot Size 3.67 AC
Building Size 2,600 SF
No. Stories 2
Year Built 2024

Unit Amenities

  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer Hookup
  • Ceiling Fans
  • Eat-in Kitchen
  • Kitchen
  • Granite Countertops
  • Tub/Shower
  • Walk-In Closets
  • Yard
  • Attic
  • Dining Room

Site Amenities

  • Grill

About 8126 Glen Mont Dr , San Antonio, TX 78239

Beautiful brand new Duplex under construction, expected to be delivered Feb 2025. Investors opportunity!!!! Rents are projected at $1,600.00. Great Investment opportunity to purchase cash-producing in the sought-after North-East side. Near great shopping and the Forum, Randolph Brooks Federal Credit Union and IKEA. Each Duplex consist of 6 Bedrooms, 4 Full bathrooms & 2 half baths. Walk-In Closets, Walk-In Shower and Raised Ceiling in Master Bedroom. Open floorplan, fenced backyards great for kids and barbecues. Attached one car-garage for each Townhouse. Each unit has an open floor plan with granite countertops, stove, dishwasher, overhead microwave, and refrigerator included. Laminated floors throughout, no carpets at all!! Photos are from property recently completed.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 2 - -
  • Listing ID: 25926154

  • Date on Market: 6/14/2022

  • Last Updated:

  • Address: 8126 Glen Mont Dr, San Antonio, TX 78239

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