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127 Sandmeyer St
San Antonio, TX 78208
Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- 3,496 SF building on .14 acre
- Fully Occupied
- Zoned: R-6 CD
EXECUTIVE SUMMARY
This Colonial style apartment building Is located in the Government Hill Historic District near Fort Sam Houston, The Pearl, Botanical Gardens and downtown San Antonio. Strategically located near major highways such as Loop 410, I-35, Hwy 281 and I-37, this property is highly desirable for families seeking convenience and accessibility in their housing solution.
With a total of 8 units, comprising two1 bed/1 bath units, four studio units and two studio with den units, this property offers an attractive mix to potential investors. The property features below market rents, providing room for income growth.
With a total of 8 units, comprising two1 bed/1 bath units, four studio units and two studio with den units, this property offers an attractive mix to potential investors. The property features below market rents, providing room for income growth.
PROPERTY FACTS
| Price Per Unit | $116,297 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 7% | Building Size | 3,496 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1926 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R-6 CD - Single Family District | ||
| Price Per Unit | $116,297 CAD |
| Sale Type | Investment |
| Cap Rate | 7% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 3,496 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1926 |
| Opportunity Zone |
Yes |
| Zoning | R-6 CD - Single Family District |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | - | 370 - 400 |
| 1+1 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 01269-001-0150 | Improvements Assessment | $606,643 CAD |
| Land Assessment | $131,267 CAD | Total Assessment | $737,911 CAD |
PROPERTY TAXES
Parcel Number
01269-001-0150
Land Assessment
$131,267 CAD
Improvements Assessment
$606,643 CAD
Total Assessment
$737,911 CAD
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