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Palo Alto 11327 Clearmine St 4 Unit Apartment Building $1,322,243 CAD ($330,561 CAD/Unit) 6.30% Cap Rate San Antonio, TX 78224



Investment Highlights
- New fourplex construction with modern finishes
- Financing incentives available from 4%
- Near Texas A&M–San Antonio and Palo Alto College
- Located in booming South San Antonio near major employers
- Minutes from downtown and Riverwalk attractions
- Includes electric car charger, irrigation system, and fire suppression
Executive Summary
Brand-New Fourplex Investment Opportunity with Exceptional Incentives! Preferred lender financing with interest rates from 3.5% on investment loans!!
I have SEVEN newly built fourplexes, each located in a designated Opportunity Zone (OZ) to take advantage of potential tax benefits.
PURCHASE ALL SEVEN BUILDINGS AND CONTROL THE MARKET!
Built with quality and peace of mind in mind, these homes come with a full builder warranty and are move-in ready!
Palo Alto Cove is situated in San Antonio’s rapidly growing south side, just minutes from Palo Alto College and Texas A&M University–San Antonio. The area is booming with economic activity and job growth, including Toyota’s manufacturing campus and its subsidiaries, which employ over 10,000 people.
Additional employers include JCB equipment manufacturer, TJ Maxx distribution center, and a new University hospital, all located within 10 minutes of our location.
Each fourplex includes four spacious units, each measuring 1,362 sq ft, with:
3 bedrooms and 2.5 bathrooms
1-car garage and a covered patio
Modern, open-concept layouts
High-end finishes come standard, including:
Granite countertops
Luxury vinyl plank flooring
Subway tile showers
Oil-rubbed bronze fixtures
Stainless steel appliances (refrigerator, stove, microwave, and dishwasher included)
Total building size: 5,448 sq ft
Whether you're a seasoned investor or entering multifamily for the first time, this is a rare opportunity to own a turnkey income property in a high-demand rental market.
I have SEVEN newly built fourplexes, each located in a designated Opportunity Zone (OZ) to take advantage of potential tax benefits.
PURCHASE ALL SEVEN BUILDINGS AND CONTROL THE MARKET!
Built with quality and peace of mind in mind, these homes come with a full builder warranty and are move-in ready!
Palo Alto Cove is situated in San Antonio’s rapidly growing south side, just minutes from Palo Alto College and Texas A&M University–San Antonio. The area is booming with economic activity and job growth, including Toyota’s manufacturing campus and its subsidiaries, which employ over 10,000 people.
Additional employers include JCB equipment manufacturer, TJ Maxx distribution center, and a new University hospital, all located within 10 minutes of our location.
Each fourplex includes four spacious units, each measuring 1,362 sq ft, with:
3 bedrooms and 2.5 bathrooms
1-car garage and a covered patio
Modern, open-concept layouts
High-end finishes come standard, including:
Granite countertops
Luxury vinyl plank flooring
Subway tile showers
Oil-rubbed bronze fixtures
Stainless steel appliances (refrigerator, stove, microwave, and dishwasher included)
Total building size: 5,448 sq ft
Whether you're a seasoned investor or entering multifamily for the first time, this is a rare opportunity to own a turnkey income property in a high-demand rental market.
Financial Summary (Pro Forma - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$113,453
|
$20.82
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$113,453
|
$20.82
|
| Taxes |
$19,183
|
$3.52
|
| Operating Expenses |
$10,956
|
$2.01
|
| Total Expenses |
$30,139
|
$5.53
|
| Net Operating Income |
$83,314
|
$15.29
|
Financial Summary (Pro Forma - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $113,453 |
| Annual Per SF | $20.82 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $113,453 |
| Annual Per SF | $20.82 |
| Taxes (CAD) | |
|---|---|
| Annual | $19,183 |
| Annual Per SF | $3.52 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $10,956 |
| Annual Per SF | $2.01 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $30,139 |
| Annual Per SF | $5.53 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $83,314 |
| Annual Per SF | $15.29 |
Property Facts
| Price | $1,322,243 CAD | Building Class | B |
| Price Per Unit | $330,561 CAD | Lot Size | 3.67 AC |
| Sale Type | Investment | Building Size | 5,448 SF |
| Cap Rate | 6.30% | No. Stories | 2 |
| No. Units | 4 | Year Built | 2025 |
| Property Type | Multifamily | Parking Ratio | 0.37/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Townhome | ||
| Zoning | MF-33 - Multifamily District | ||
| Price | $1,322,243 CAD |
| Price Per Unit | $330,561 CAD |
| Sale Type | Investment |
| Cap Rate | 6.30% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 3.67 AC |
| Building Size | 5,448 SF |
| No. Stories | 2 |
| Year Built | 2025 |
| Parking Ratio | 0.37/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | MF-33 - Multifamily District |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Fenced Lot
- Tenant Controlled HVAC
- Car Charging Station
- Walk-Up
- Smoke Detector
Property Taxes
| Parcel Number | 14552-000-0020 | Total Assessment | $287,193 CAD |
| Land Assessment | $287,193 CAD | Annual Taxes | $19,183 CAD ($3.52 CAD/SF) |
| Improvements Assessment | $0 CAD | Tax Year | 2024 |
Property Taxes
Parcel Number
14552-000-0020
Land Assessment
$287,193 CAD
Improvements Assessment
$0 CAD
Total Assessment
$287,193 CAD
Annual Taxes
$19,183 CAD ($3.52 CAD/SF)
Tax Year
2024
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Palo Alto | 11327 Clearmine St
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