811 Montana St - Apartments FOR SALE


San Antonio, TX 78203- Nevada Street
$1,250,000 USD
830-355-6325
811 Montana St, San Antonio, TX for Sale
$1,250,000 USD
Apartments - FOR SALE
1/23
null | 4.36% Cap Rate

811 Montana St
San Antonio, TX 78203
Nevada Street


HIGHLIGHTS

  • Industrial design with warm contemporary finishes including elegant use of wood, metal, and glass
  • Rooftop deck with panoramic views of the Tower of the Americas.
  • Private courtyard and security system.

OVERVIEW

Strong investment potential located directly in the growth path of the new Spurs stadium and Project Marvel. The internal rate of return exceeds 25%, with a projected total cash-on-cash return over five years conservatively estimated at 125% and potentially reaching 200%, depending on the rental strategy. The cap rate remains strong for a Class A investment, ranging between 5–10%, based on whether a short-term or long-term rental approach is utilized. This area has experienced an annualized appreciation rate exceeding 15% year over year, with appreciation rates expected to continue rising.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$355 USD /SF

# OF UNITS

2

PRICE/UNIT

$625,000

CAP RATE

4.36%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2023

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

-

APN/PARCEL ID

01386-000-1202

ASK ABOUT THIS PROPERTY

John GiacobbeNeal & Neal TeamMore Info
830-355-6325

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John GiacobbeNeal & Neal TeamMore Info
830-355-6325

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