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1522 S Elmendorf Street
San Antonio, TX 78207
Asking Price
$495K
Cap Rate
8.74%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
2023-Built | 3-Unit Infill Investment | 10 Min to Downtown San Antonio <ul><li>8.74% Cap Rate | Strong In-Place Cash Flow</li><li>2023 Construction | Minimal Deferred Maintenance & Capital Risk</li><li>Fully Leased | Long-Term Tenants, 2 of 3 Since Delivery</li><li>Tenant-Paid Utilities & Yard Maintenance | Lean Expense Structure</li><li>All Units Are 3BD/2BA | Broad Renter Appeal & Low Turnover</li><li>Staggered Lease Expirations (Aug 2026 – Jan 2027) | Mark-to-Market Opportunity</li><li>Prime Infill Location | 10 Minutes to Downtown San Antonio</li><li>Di
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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
