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703 Logwood Ave
San Antonio, TX 78221
Century South Apartments · Immeuble residentiel Propriété À vendre
·
24 Unités


Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- CASH FLOWING ASSET- CONSISTENTLY OCCUPIED 24-UNIT APARTMENT COMMUNITY.
- VALUE ADD OPPORTUNITIES THROUGH STRATEGIC RENOVATIONS.
- EXCEPTIONAL ACCESSIBILTY TO MANY OF SAN ANTONIO’S LARGEST EMPLOYMENT AND ECONOMIC DRIVERS.
- OFFERS IMMEDIATE CASH FLOW AND LONG-TERM UPSIDE POTENTIAL.
Résumé de l'annonce
703 Logwood Avenue presents the opportunity to acquire a value add 24-unit multifamily asset strategically located in San Antonio's established South Park submarket. Situated on approximately 0.466 acres, the property encompasses 14,534 square feet of rentable living area and features a well-balanced unit mix of fourteen (14) one-bedroom/one-bathroom units and ten (10) two-bedroom/one-bathroom units. The property offers investors immediate In-place cash flow while also presenting a compelling value-add opportunity. New ownership may increase revenues through strategic interior and exterior improvements, operational efficiencies, and continued rent optimization, creating the potential to further enhance returns while maintaining strong occupancy. Located in the heart of the South Park area, 703 Logwood benefits from exceptional accessibility to many of San Antonio's largest employment and economic drivers. The property is less than 15 minutes from Downtown San Antonio, Lackland Air Force Base, major universities, healthcare facilities, and numerous employment centers, providing a diverse and resilient tenant base. The property unit mix is well-positioned to serve workforce housing demand from military personnel, students, healthcare workers, and local professionals seeking affordable housing options in a centrally located submarket. In addition to its near-term value-add potential, the asset offers investors the opportunity to benefit from long-term appreciation driven by San Antonio's continued population growth, expanding employment base, and increasing demand for attainable rental housing. As investment activity and redevelopment continue throughout the city's south and central corridors, 703 Logwood is well-positioned to capitalize on both operational upside and future market appreciation. 703 Logwood Avenue represents a rare opportunity to acquire a stabilized, cash-flowing multifamily asset with value-add potential in a supply-constrained infill location. The combination of current income, upside through improved operations, and long-term appreciation prospects, makes this offer attractive to both yield-focused investors and 1031 exchange buyers seeking durable multifamily fundamentals in one of Texas' fastest-growing metropolitan areas.
Faits sur la propriété
| Prix par unité | 122 130 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 0,47 AC |
| Taux de capitalisation | 5,18% | Taille du bâtiment | 13 250 pi² |
| Nombre d’unités | 24 | Occupation moyenne | 83% |
| Type de propriété | Immeuble residentiel | Nombre d’étages | 2 |
| Sous-type de propriété | Appartement | Année de construction | 1976 |
| Style d’appartement | De faible hauteur | Ratio de stationnement | 2,26/1 000 pi² |
| Zonage | MF-33 | ||
| Prix par unité | 122 130 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 5,18% |
| Nombre d’unités | 24 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,47 AC |
| Taille du bâtiment | 13 250 pi² |
| Occupation moyenne | 83% |
| Nombre d’étages | 2 |
| Année de construction | 1976 |
| Ratio de stationnement | 2,26/1 000 pi² |
| Zonage | MF-33 |
Commodités
Commodités des unités
- Climatisation
- Traitement des déchets
- Cuisine
- Réfrigérateur
- Fourchette
Commodités du site
- Installations de lessive
- Gestionnaire d'immeuble sur place
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 14 | - | 500 |
| 2+1 | 10 | - | 625 |
Impôts fonciers
| Numéro de lot | 09392-117-0230 | Évaluation des bâtiments | 810 998 $ CAD |
| Évaluation du terrain | 166 041 $ CAD | Évaluation totale | 977 039 $ CAD |
Impôts fonciers
Numéro de lot
09392-117-0230
Évaluation du terrain
166 041 $ CAD
Évaluation des bâtiments
810 998 $ CAD
Évaluation totale
977 039 $ CAD
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