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Luxury Townhome Portfolio - 3 Properties

3 Multifamily Properties Offered at $1,850,000 in San Antonio, TX

INVESTMENT HIGHLIGHTS

  • Higher than Average Cap Rate!! Downtown San Antonio!! Modern Designs!!

EXECUTIVE SUMMARY

Prime investment opportunity within walking distance from Downtown San Antonio, the Alamodome, St Paul Square, Friedrich lofts, Royal Blue Grocery, and the Riverwalk! The portfolio includes three modern & unique townhomes offering higher than average cap rates & yearly ROI 32% * See brochure for details* Ideal for short or long-term rentals.

TAXES & OPERATING EXPENSES (PRO FORMA - 2024)

ANNUAL
Gross Rental Income $176,670
Other Income -
Vacancy Loss $8,834
Effective Gross Income $167,836
Taxes $24,415
Operating Expenses $10,676
Total Expenses $35,091
Net Operating Income $132,745

TAXES & OPERATING EXPENSES (PRO FORMA - 2024)

Gross Rental Income
Annual $176,670
Other Income
Annual -
Vacancy Loss
Annual $8,834
Effective Gross Income
Annual $167,836
Taxes
Annual $24,415
Operating Expenses
Annual $10,676
Total Expenses
Annual $35,091
Net Operating Income
Annual $132,745

PROPERTY FACTS

Price $1,850,000
Price / SF $285.58 / SF
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
Cap Rate 7.20%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 6,478 SF
Total Land Area 0.44 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
South Pine
225 Pine, San Antonio, TX 78203
Multifamily 2,575 SF 2020 -
218 S Olive St, San Antonio, TX 78203 Multifamily 2,115 SF 2023 -
811 Montana St, San Antonio, TX 78203 Multifamily 1,788 SF 2023 -
Show More > < Show Less
  • Listing ID: 32260736

  • Date on Market: 6/26/2024

  • Last Updated:

  • Address: Luxury Townhome Portfolio - 3 Properties, San Antonio, TX

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