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7210 John Palmer Dr 4 Unit Apartment Building $1,205,507 CAD ($301,377 CAD/Unit) 6.83% Cap Rate San Antonio, TX 78239

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INVESTMENT HIGHLIGHTS

  • Beautiful Fourplex, already generating income!!! Investors opportunity!!!! Rents are $1,550-$1,600.00
  • 12 Bedrooms, 8 Full bathrooms & 4 half baths. Walk-In Closets, Walk-In Shower, and Raised Ceiling in Master Bedroom.
  • Laminated floors throughout, no carpets at all!! Plumbing for water softener.
  • Great Investment opportunity to purchase cash-producing in the sought-after North-East side. Near great shopping and the Forum, RBF
  • Open floorplan, fenced backyards great for kids and barbecues, with granite countertops, stove, dishwasher, overhead microwave, and refrigerator.

EXECUTIVE SUMMARY

Beautiful Fourplex, already generating income!!! Investors opportunity!!!! Rents are $1,550-$1,600.00. Great Investment opportunity to purchase cash-producing in the sought-after North-East side. Near great shopping and the Forum, Randolph Brooks Federal Credit Union, and IKEA. Each Fourplex consists of 12 Bedrooms, 8 Full bathrooms & 4 half baths. Walk-In Closets, Walk-In Shower, and Raised Ceiling in Master Bedroom. Open floor plan, fenced backyards great for kids and barbecues. Attached one car-garage for each Townhouse one more in driveway. Each unit has an open floor plan with granite countertops, stove, dishwasher, overhead microwave, and refrigerator included. Laminated floors throughout, no carpets at all!! Plumbing for water softener.

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $104,766 $20.95
Other Income - -
Vacancy Loss - -
Effective Gross Income $104,766 $20.95
Taxes $16,630 $3.33
Operating Expenses $5,820 $1.16
Total Expenses $22,450 $4.49
Net Operating Income $82,317 $16.46

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income (CAD)
Annual $104,766
Annual Per SF $20.95
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $104,766
Annual Per SF $20.95
Taxes (CAD)
Annual $16,630
Annual Per SF $3.33
Operating Expenses (CAD)
Annual $5,820
Annual Per SF $1.16
Total Expenses (CAD)
Annual $22,450
Annual Per SF $4.49
Net Operating Income (CAD)
Annual $82,317
Annual Per SF $16.46

PROPERTY FACTS

Price $1,205,507 CAD
Price Per Unit $301,377 CAD
Sale Type Investment
Cap Rate 6.83%
Sale Condition 1031 Exchange
Gross Rent Multiplier 11.5
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Townhome
Building Class B
Lot Size 0.09 AC
Building Size 5,000 SF
Average Occupancy 80%
No. Stories 2
Year Built 2025
Parking Ratio 0.4/1,000 SF
Zoning OCL - Outside City Limits

AMENITIES

UNIT AMENITIES

  • Dishwasher
  • Microwave
  • Washer/Dryer Hookup
  • Heating
  • Tile Floors
  • Eat-in Kitchen
  • Kitchen
  • Granite Countertops
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Yard
  • Attic
  • Dining Room
  • Pantry

SITE AMENITIES

  • Picnic Area
  • Cabana
  • Grill

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2 4 $2,183 CAD 1,250 - 5,000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05073-131-0130
Land Assessment
$64,440 CAD
Improvements Assessment
$0 CAD
Total Assessment
$64,440 CAD
Annual Taxes
$16,630 CAD ($3.33 CAD/SF)
Tax Year
2025
  • Listing ID: 37508856

  • Date on Market: 2025-09-02

  • Last Updated:

  • Address: 7210 John Palmer Dr, San Antonio, TX 78239

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