972-379-9862
7678 W US Highway 90, San Antonio, TX for Sale
Apartments - FOR SALE
1/22
null | Request Cap Rate

7678 W US Highway 90
San Antonio, TX 78227
South San Antonio


HIGHLIGHTS

  • Owned for 20 Years
  • $1.5MM Invested in Capital Expenditures
  • All 4 Boilers Replaced in the Last Year
  • Prime Frontage on U.S. HWY-90 (13,000 Vehicles Per Day) and Seamless Access to I-410
  • $61,000+ AMI in a 5-Mile Radius (Yardi)
  • A-Rated School District by Niche

OVERVIEW

Summary: The Multifamily Group is pleased to present the exclusive offering of The Villas on Springvale, a unique, all-bills-paid opportunity in San Antonio, Texas. Constructed in 1974, the property consists of 178 units and offers one and two-bedroom floor plans. The property is currently 93% occupied, with 15 units receiving housing assistance. The Villas on Springvale are being offered free and clear of existing debt. Regional Growth & Development: Port San Antonio Expansion The nearby Port San Antonio (redeveloped from Kelly AFB) is on track to double its workforce in the next 7-10 years, anchored by a new 12-story “Innovation Tower,” featuring retail, dining, a childcare center, and even a vertiport, all projected to be completed by 2028-29. Retail & Service Expansion on the SW Side Across southwest and far-west corridors (e.g., Potranco Rd), projects like the $3.4M Delphi shopping center are emerging to serve neighborhoods with offices, medical services, and eateries. Citywide Projects Impacting Downtown San Antonio is undergoing significant urban transformation via “Project Marvel” (NBA arena, convention center additions), and a new baseball stadium downtown, all part of a broader $1B+ investment.

FOR SALE DETAILS

PRICE

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# OF UNITS

178

CAP RATE

Request Cap Rate

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Villas on Springvale

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.77 AC

LAND SF

207,912 SF

ZONING

-

APN/PARCEL ID

15601-000-0381

ASK ABOUT THIS PROPERTY

Chase DavisThe Multifamily GroupMore Info
972-379-9862

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Chase DavisThe Multifamily GroupMore Info
972-379-9862

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