1103 New Laredo Hwy - Apartments FOR SALE


San Antonio, TX 78211- Quintana
$1,500,000 USD
210-794-6321
1103 New Laredo Hwy, San Antonio, TX for Sale
$1,500,000 USD
Apartments - FOR SALE
1/12
null | 6.4% Cap Rate

1103 New Laredo Hwy
San Antonio, TX 78211
Quintana


HIGHLIGHTS

  • ?Mixed-use asset combining 8 apartment units and 5 office suites.
  • ?Significant recent capital improvements totaling $231,500.
  • ?In-place office tenancy plus residential rental upside.
  • ?Large site with excess/vacant land and future value-add optionality.
  • ?Secure gated access and strong on-site parking.

OVERVIEW

New ownership has the opportunity to unlock significant upside through the development of approximately 3,200 SF of vacant land.? With mixed-use C-3 zoning, a large site footprint, and strong parking utility, this excess land creates meaningful optionality for future income generation and long-term portfolio appreciation.?

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$175 USD /SF

# OF UNITS

13

PRICE/UNIT

$115,385

CAP RATE

6.4%

% LEASED

93%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multifamily Bldg

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,403 SF

ZONING

C-3

APN/PARCEL ID

08777-008-0040

ASK ABOUT THIS PROPERTY

Tyler BaileyPrivate Wealth Multifamily AdvisoryMore Info
210-794-6321

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Tyler BaileyPrivate Wealth Multifamily AdvisoryMore Info
210-794-6321

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