903 Drury Ln
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903 Drury Ln
8 Unit Apartment Building $800,000 ($100,000/Unit) 6.48% Cap Rate San Antonio, TX 78221
Executive Summary
Fantastic investment opportunity in San Antonio, TX! This well-maintained 8-unit apartment complex offers an ideal unit mix of 5 two-bedroom, one-bath units, and 3 one-bedroom, one-bath units. The property boasts 100% occupancy with long-term tenants, ensuring immediate cash flow.
Conveniently located with great proximity to local amenities including restaurants, South Park Mall retail, and schools. Just 11 minutes from Texas A&M University–San Antonio and 5 minutes from The College of Health Care Professions and a nearby charter school, making it a highly desirable area for renters.
Each unit is individually metered for electricity, and downstairs features a shared washer and dryer connection, offering added convenience for tenants.
This is a turn-key investment with reliable rental income in a prime location! Don’t miss this opportunity!
Conveniently located with great proximity to local amenities including restaurants, South Park Mall retail, and schools. Just 11 minutes from Texas A&M University–San Antonio and 5 minutes from The College of Health Care Professions and a nearby charter school, making it a highly desirable area for renters.
Each unit is individually metered for electricity, and downstairs features a shared washer and dryer connection, offering added convenience for tenants.
This is a turn-key investment with reliable rental income in a prime location! Don’t miss this opportunity!
Data Room Click Here to Access
- Operating and Financials
Property Facts
| Price | $800,000 | Apartment Style | Low Rise |
| Price Per Unit | $100,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 6.48% | Building Size | 4,935 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1968 |
| Price | $800,000 |
| Price Per Unit | $100,000 |
| Sale Type | Investment |
| Cap Rate | 6.48% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,935 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1968 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | - | - |
| 1+1 | 3 | - | - |
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PROPERTY TAXES
| Parcel Number | 09398-127-0110 | Improvements Assessment | $440,290 |
| Land Assessment | $59,710 | Total Assessment | $500,000 |
PROPERTY TAXES
Parcel Number
09398-127-0110
Land Assessment
$59,710
Improvements Assessment
$440,290
Total Assessment
$500,000
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Luis Grimaldo -
Dreamway Realty
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903 Drury Ln
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