1516-1520 D St - Apartments FOR SALE


Floresville, TX 78114
$705,250 USD
210-870-8860
1516-1520 D St, Floresville, TX for Sale
$705,250 USD
Apartments - FOR SALE
1/10
null | 10% Cap Rate

1516-1520 D St
Floresville, TX 78114


HIGHLIGHTS

  • 100% occupied
  • Favorable unit mix (1 bed and studio apartments)
  • Central location

OVERVIEW

8-unit multifamily property located at 1520 D Street, Floresville, TX. 100% occupied and offered at a 10% cap rate. Units 1-5 are 1 bed / 1 bath, while units 6-8 are studio units. The property is located in Floresville, Texas - a small metro/town just outside San Antonio city limits. Floresville offers stable local demand supported by its population and proximity to the larger urban region of San Antonio, Texas - giving tenants access to city-level employment, amenities, and services while living in a lower-density community. The town has local retail, basic services, and is served by Floresville Independent School District, supporting a renter base of families and working individuals seeking affordability and access. Given full occupancy, an attractive cap rate, and a diversified unit mix, this asset presents a straightforward income-producing opportunity with upside potential as Floresville grows and remains an affordable alternative to more expensive metro markets.

FOR SALE DETAILS

PRICE

$705,250 USD

PRICE/SF

$174 USD /SF

# OF UNITS

8

PRICE/UNIT

$88,156

CAP RATE

10%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8-unit MF in Floresville, TX

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

-

APN/PARCEL ID

27100,27101

ASK ABOUT THIS PROPERTY

Eric SchaffnerKW Commercial - HeritageMore Info
210-870-8860

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Eric SchaffnerKW Commercial - HeritageMore Info
210-870-8860

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