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1803 La Sombra Dr 11 Unit Apartment Building $4,819,115 CAD ($438,101 CAD/Unit) 4% Cap Rate San Antonio, TX 78209
EXECUTIVE SUMMARY
La Sombra Apartments represents a rare opportunity to acquire a fully stabilized, boutique multifamily asset in the heart of Alamo Heights, San Antonio's most coveted neighborhood. This intimate 11-unit property combines the irreplaceable appeal of a prime Broadway Corridor location with the stability of a well-maintained, recently renovated building. Unlike larger assets, La Sombra Apartments offers the kind of authentic courtyard living and craftsmanship that today's renters actively seek. Full Offering Memoradum available upon request, contact Broker for details.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $4,819,115 CAD | Property Subtype | Apartment |
| Price Per Unit | $438,101 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 4% | Lot Size | 0.46 AC |
| Gross Rent Multiplier | 16.5 | Building Size | 10,765 SF |
| No. Units | 11 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1970/2023 |
| Zoning | MF-33, NP-8 - Multifamily Housing | ||
| Price | $4,819,115 CAD |
| Price Per Unit | $438,101 CAD |
| Sale Type | Investment |
| Cap Rate | 4% |
| Gross Rent Multiplier | 16.5 |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.46 AC |
| Building Size | 10,765 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2023 |
| Zoning | MF-33, NP-8 - Multifamily Housing |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Smoke Free
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | $2,203 CAD | 800 - 820 |
| 1+2 | 1 | $3,408 CAD | 1,304 |
| 2+1 | 5 | $2,960 CAD | 978 - 1,200 |
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Walk Score®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 10103-001-0020 | Total Assessment | $929,401 CAD |
| Land Assessment | $497,222 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $432,178 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
10103-001-0020
Land Assessment
$497,222 CAD
Improvements Assessment
$432,178 CAD
Total Assessment
$929,401 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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1803 La Sombra Dr
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