- For Sale Contact for pricing
- Property Type Multi-Family
- Property Size 306,886 SF
- Units 400
- Lot Size 14.92 Acre
- Year Built 1981
- Date Updated Feb 28, 2025
Description
- 7% Cap Rate on T-3 Actuals
- $11.5+ Million in Value-Add Creation
- 222 Remaining Classic Units – Renovated Units Have Demonstrated an Average Rent Increase of $175/Unit/Month
- Option to Purchase an Additional ~6 Acres of Contiguous, Vacant Land
- 37,000+ Vehicles Passing per Day (Yardi)
- $2.3+ Million Invested in Capital Expenditures
- 12% Cash-On-Cash Averaged Over 5 Years
- Across the Street from the USAA Corporate Office
- “A” Rated School District by Niche
- Diverse Unit Mix with Floorplans Up to 1,000 SF and Townhomes Available
- Steady Economic Growth in North San Antonio - Landmark Centre Development, La Cantera, and Airport is Expanding
- 2.5+ Million Residents in the San Antonio MSA
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Contacts
Jon Krebbs
The Multifamily Group
Location
Located at 9001 Wurzbach Road, San Antonio, TX 78240, this property is part of the Near Northwest San Antonio neighborhood and San Antonio market.
Contact Listing Broker
Jon Krebbs
The Multifamily Group
