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1010 Hoefgen Avenue
San Antonio, TX 78210
Asking Price
$1.50M
Asset Type
Residential Industrial
Class
Class B
What's Special
1.01-acre urban core redevelopment assemblage located at 1010 Hoefgen Avenue and 509 Delaware Street <ul><li>1.01-acre redevelopment assemblage in the Alamodome/St. Paul Square district</li><li>Direct proximity to the proposed new Spurs Arena</li><li>Near Project Marvell / Lone Star District, a major entertainment + production hub</li><li>IDZ-3 zoning supporting C-2, hotel, and high-density multifamily (up to 570 DU)</li><li>No existing structures - clean, efficient development canvas</li><li>Dual access via Hoefgen Ave and Delaware St</li></ul>
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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179
