1522 S Elmendorf St Tripl

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1522 S Elmendorf St Tripl

San Antonio, TX 78207
Asking Price
$495K
Asset Type
Multifamily
Class
Class B

What's Special

1522 South Elmendorf Street is situated in the West End neighborhood of San Antonio, characterized by a mix of established residential dwellings and local commercial hubs. The property is located near the Zarzamora Street and Castroville Road corridors, providing proximity to various local eateries, grocery stores, and retail services. Residents have access to neighborhood parks such as Elmendorf Lake Park and nearby educational facilities like Our Lady of the Lake University. The location is served by VIA Metropolitan Transit routes, offering public transportation links to the downtown core and major employment centers via nearby access to Interstate 10 and US Highway 90. This multifamily asset is suited for long-term rental use or workforce housing redevelopment. The location typically attracts a tenant profile consisting of individuals and families seeking modest housing with direct commutes to the city center and surrounding medical or industrial districts. Given its proximity to secondary education institutions and major thoroughfares, the property aligns with the needs of students, local workers, and small households prioritizing affordability and accessibility within an established urban community. The configuration supports multi-unit occupancy consistent with the density of the surrounding residential block.

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NOI
$80,000
Cap Rate
16.16%
DSCR
2.72
Strong
Cash-on-Cash
34.08%
Monthly Payment
$2,448.99
Annual Cash Flow
$50,612.121

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