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611 E Myrtle St
San Antonio, TX 78212
Asking Price
$2.10M
Asset Type
Creative Office Mixed-use
Class
Class B
What's Special
Redevelopment Opportunity near the Pearl <p>Access to HWY 281 and I-35, minutes from Downtown, Trinity University, and the San Antonio International Airport.</p><p>Significant frontage on E. Myrtle St & Kendall St</p><p>Best Use: Multifamily, Mixed-Use, Boutique Creative Office</p><p>Situated blocks from the $1B+ Pearl District, providing immediate access to the River Walk, Hotel Emma, and luxury multifamily developments.</p>
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NOI
$80,000
Cap Rate
3.81%
DSCR
0.64
Underwater
Cash-on-Cash
-7.09%
Monthly Payment
$10,389.654
Annual Cash Flow
$-44,675.85
