Holm Rd & Medina Base Rd

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Holm Rd & Medina Base Rd

San Antonio, TX 78242
Asking Price
$3.30M
Asset Type
Commercial Land
Class
Class B

What's Special

10± AC TOD Development Pad | Up to 330 Residential Units | Mixed-Use Potential | Near Lackland AFB <ul><li>​<span style="color: rgba(0, 0, 0, 1)">10± acres of fully entitled land - supporting up to </span><strong style="color: rgba(0, 0, 0, 1)">330 multifamily units</strong><span style="color: rgba(0, 0, 0, 1)"> at maximum approved density</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">Carved out of one of only two approved TOD sites in the entire City of San Antonio</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">Approved for multifamily, townhouses, cottage courts, multiplexes,

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NOI
$80,000
Cap Rate
2.42%
DSCR
0.41
Underwater
Cash-on-Cash
-11.71%
Monthly Payment
$16,326.599
Annual Cash Flow
$-115,919.193

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