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2331 Cincinnati Ave 16 Unité Immeuble d’appartements À vendre 8% Taux de capitalisation San Antonio, TX 78228
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- 8% Cap Rate Investment
- 100% Occupied | One Monthly Payment
- 16-Unit Apartment Community
- Single-Tenant NNN Master Lease
- 5% Annual Contractual Rent Escalations
- MF-33 Zoning | Redevelopment Potential
Résumé de l'annonce
West End Flats is a fully occupied 16-unit apartment community secured by a single commercial NNN master lease, offering investors the stability of one tenant, one monthly payment, and contractual annual rent increases.
Situated on approximately 1.13 acres in San Antonio's established Woodlawn Lake submarket, the property consists of two masonry apartment buildings totaling approximately 14,112 square feet. The entire community is leased to a 501(c)(3) nonprofit organization under a 36-month NNN master lease with scheduled 5% annual rent escalations, creating predictable cash flow while minimizing day-to-day management.
Unlike a traditional apartment investment with multiple residential leases, West End Flats operates as a single-tenant net leased investment during the lease term while preserving all of the long-term benefits of multifamily ownership.
Investment Highlights:
• 16-unit multifamily community
• Two masonry buildings
• ±14,112 SF on 1.13 acres
• MF-33 Multifamily zoning
• One commercial NNN master lease
• 100% occupied
• One tenant / One monthly payment
• 5% annual contractual rent escalations
• Individually metered units
• Year 1 projected cap rate approximately 7.0%–7.5%
• Year 2 projected cap rate approximately 8.0%
• Minutes from Downtown San Antonio, St. Mary's University, Woodlawn Lake, IH-10 and the Medical Center.
At lease expiration, investors maintain multiple exit strategies including renewing the master lease, returning the property to conventional apartment operations, selling as a stabilized multifamily investment, or pursuing redevelopment under existing MF-33 zoning.
This offering is ideal for 1031 exchange buyers, family offices, private investors, multifamily investors, and passive net lease investors seeking stable contractual income with long-term appreciation potential.
Situated on approximately 1.13 acres in San Antonio's established Woodlawn Lake submarket, the property consists of two masonry apartment buildings totaling approximately 14,112 square feet. The entire community is leased to a 501(c)(3) nonprofit organization under a 36-month NNN master lease with scheduled 5% annual rent escalations, creating predictable cash flow while minimizing day-to-day management.
Unlike a traditional apartment investment with multiple residential leases, West End Flats operates as a single-tenant net leased investment during the lease term while preserving all of the long-term benefits of multifamily ownership.
Investment Highlights:
• 16-unit multifamily community
• Two masonry buildings
• ±14,112 SF on 1.13 acres
• MF-33 Multifamily zoning
• One commercial NNN master lease
• 100% occupied
• One tenant / One monthly payment
• 5% annual contractual rent escalations
• Individually metered units
• Year 1 projected cap rate approximately 7.0%–7.5%
• Year 2 projected cap rate approximately 8.0%
• Minutes from Downtown San Antonio, St. Mary's University, Woodlawn Lake, IH-10 and the Medical Center.
At lease expiration, investors maintain multiple exit strategies including renewing the master lease, returning the property to conventional apartment operations, selling as a stabilized multifamily investment, or pursuing redevelopment under existing MF-33 zoning.
This offering is ideal for 1031 exchange buyers, family offices, private investors, multifamily investors, and passive net lease investors seeking stable contractual income with long-term appreciation potential.
Salle de données Cliquez ici pour accéder à
- Offering Memorandum
Faits sur la propriété
| Type de vente | Investissement | Taille du lot | 1,13 AC |
| Taux de capitalisation | 8% | Taille du bâtiment | 14 112 pi² |
| Nombre d’unités | 16 | Occupation moyenne | 100% |
| Type de propriété | Immeuble residentiel | Nombre d’étages | 2 |
| Sous-type de propriété | Appartement | Année de construction | 1945 |
| Style d’appartement | De faible hauteur | Ratio de stationnement | 0,71/1 000 pi² |
| Classe d’immeuble | C | ||
| Zonage | MF-33 - Multi Family | ||
| Type de vente | Investissement |
| Taux de capitalisation | 8% |
| Nombre d’unités | 16 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 1,13 AC |
| Taille du bâtiment | 14 112 pi² |
| Occupation moyenne | 100% |
| Nombre d’étages | 2 |
| Année de construction | 1945 |
| Ratio de stationnement | 0,71/1 000 pi² |
| Zonage | MF-33 - Multi Family |
Commodités
Commodités des unités
- Climatisation
- Prêt pour le câble
- Chauffage
- Ventilateurs de plafond
- Cuisine
- Planchers de bois franc
- Réfrigérateur
- Four
- Fourchette
- Bain/Douche
- Walk-in
- Grill
- Salle de séjour
- Pelouse
- Couvre-fenêtres
Commodités du site
- Cour
- Cuisinière à gaz
- Transport en commun
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 3 | - | 710 |
| 2+1 | 12 | - | 785 |
| 3+1 | 1 | - | 950 |
1 1
Moyennement accessible à pied
60/100
Moyennement adapté aux voitures
70/100
Transports en commun relativement accessibles
50/100
Plutôt accessible en vélo
50/100
Impôts fonciers
| Numéro de lot | 09606-046-0100 | Évaluation des bâtiments | 2 155 011 $ CAD |
| Évaluation du terrain | 232 103 $ CAD | Évaluation totale | 2 387 114 $ CAD |
Impôts fonciers
Numéro de lot
09606-046-0100
Évaluation du terrain
232 103 $ CAD
Évaluation des bâtiments
2 155 011 $ CAD
Évaluation totale
2 387 114 $ CAD
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2331 Cincinnati Ave
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