12315 Jones Maltsberger Rd, San Antonio, TX 78247
66 Unit Apartment Building | For Sale | 6% Cap Rate | San Antonio, TX 78247
For Sale
Active
- Sale Condition
- 1031 Exchange
- Property Type
-
Multifamily
- Square Feet
- 59,440 SF
Listing Contacts
Benjamin Anca
Property Overview
66 units. Providing stable cash flow in stable sub-market. Average income in the area is over $77,000/yr. 4.8% Assumable Interest Rate until Aug-25. Average Rent Roll is $1130/month. Development opportunity,MF-33 Zoning. City of San Antonio approved 150 units on the 3 acres currently being used as amenities. Separate entrance on the side street for the approved second development
Property Details
- Class
- B
- Year Built
- 1983
- Stories
- 2
- Property Subtype
- Dormitory
- Lot Size (sq. ft)
- 293,594 SF
- Units
- 66
Highlights
- Heavy dayfoot traffic
- Large, Spacious units
- Stucco exterior with Tile roof
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