101 Stanley Ct - Multi-Family FOR SALE


San Antonio, TX 78214- Harlandale | 
$719,999 USD
830-387-6013
101 Stanley Ct, San Antonio, TX for Sale
$719,999 USD
Multi-Family - FOR SALE
1/48
null | Request Cap Rate

101 Stanley Ct
San Antonio, TX 78214
Harlandale


HIGHLIGHTS

  • Three multifamily buildings on three separate parcels totaling approximately 4,286 SF on 0.345 acres
  • MF-33 zoning provides flexibility for multifamily use
  • Two buildings recently renovated, with the third building approximately 70% complete
  • Three units currently leased and two additional units ready for immediate occupancy
  • Projected NOI of $41,590 and a 5.78% pro forma cap rate at the asking price
  • Approximately 1,200 SF of unfinished space offers an additional income opportunity

OVERVIEW

Three Multifamily Buildings on Three Separate Parcels offered together as one investment opportunity Rare MF-33 Zoning providing valuable multifamily flexibility 4,286 SF of existing improvements situated on 0.345 acres Two Buildings Recently Rehabilitated, reducing near-term renovation requirements Third Building Approximately 70% Complete, offering a clear path to additional value creation 4 Units Currently Leased + 1 Unit Ready for Occupancy, providing existing income with immediate lease-up potential $64,200 Pro Forma Gross Annual Income $41,590 Projected NOI based on approximately $22,610 in estimated operating expenses 5.78% Pro Forma Cap Rate at Asking Price with additional upside through lease-up and operational improvements Approximately 1200 SF of Unfinished Space with potential to be converted into additional income-producing space Utilities Currently Paid by Ownership, creating potential value-add through separate metering or a utility reimbursement structure Multiple paths to improve NOI through project completion, lease-up, additional rentable space, and expense management

FOR SALE DETAILS

PRICE

$719,999 USD

PRICE/SF

$168 USD /SF

# OF UNITS

7

PRICE/UNIT

$102,857

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1789

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

MF-33

APN/PARCEL ID

07909-001-0031

ASK ABOUT THIS PROPERTY

Wes MillerW.C. Miller PropertiesMore Info
830-387-6013

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Wes MillerW.C. Miller PropertiesMore Info
830-387-6013

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