1004 Allena Dr - Apartments FOR SALE


San Antonio, TX 78213- Dellview
$2,500,000 USD
305-337-9296
1004 Allena Dr, San Antonio, TX for Sale
$2,500,000 USD
Apartments - FOR SALE
1/19
null | 5.57% Cap Rate

1004 Allena Dr
San Antonio, TX 78213
Dellview


HIGHLIGHTS

  • Across the street from OLMOS ELEMENTARY
  • Bus stop in corner of building

OVERVIEW

Allena Apartments is a 24-unit multifamily property located at 1004 Allena Drive in San Antonio's 78213 zip code — an established, supply-constrained inner-loop submarket adjacent to the South Texas Medical Center corridor and approximately 4 miles from Downtown San Antonio. Xaguas LLC has owned and self-managed the asset, completing a selective renovation program on multiple units. The asset is offered with a clear value-add thesis: $95,000 invested in targeted interior renovations to unlock pro-forma rents and stabilize occupancy to 100%, generating pro-forma NOI of approximately $230,000.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$117 USD /SF

# OF UNITS

24

PRICE/UNIT

$104,167

CAP RATE

5.57%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Allena Park Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,509 SF

ZONING

B2

APN/PARCEL ID

11793-037-0120

ASK ABOUT THIS PROPERTY

Jose GomezLogica Services Holding, LLCMore Info
305-337-9296

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Jose GomezLogica Services Holding, LLCMore Info
305-337-9296

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.