$1,000,000 | 5,760 sf | multifamily...$1,000,000 | 5,760 sf | multifamily 3305 steck ave., suite 250...
TRANSCRIPT
3305 Steck Ave., Suite 250 Austin, TX 78757 TIM HOWARD | MARKETING DIRECTOR @ ASTERRA PROPERTIES | 512.909.3590
DELGADO APARTMENTS653 Delgado St, San Antonio, TX 78207
FOR SALE
12 newly constructed, walk-up apartments just minutes from DT San Antonio
$1,000,000 | 5,760 sf | Multifamily
3305 Steck Ave., Suite 250 Austin, TX 78757 TIM HOWARD | MARKETING DIRECTOR @ ASTERRA PROPERTIES | 512.909.3590
DELGADO APARTMENTS653 Delgado St, San Antonio, TX 78207
FOR SALE
The Delgado Apartments development features twelve (12) newly constructed single family homes in a gated community just minutes from downtown San Antonio. Each of the homes features 1 bedroom and 1 bathroom with in-suite washer/dryer hookups and a full kitchen. Surface parking is provided for every unit along with central air con-ditioning and individual hot water systems / electric meters. The community sits in a rapidly changing area with easy access to major highways and public transport.
Fully leased, the community offers excellent rental returns and a cost-effective entry into ownership of small multi-family assets. New construction means low maintenance costs for ownership and low energy costs for tenants. Gated access provides an selling point for potential lessors. With zero construction required, the Delgado Apartments represent an opportunity for a cash-flow focused investor or property management firm with experience in San Antonio.
Price: $1,000,000
Property Type: Multifamily
Sub-Type: Walk Up Apartments
RBA: 5,760 SF
Units: 12
Unit Mix: 1 Bed / 1 Bath
Lot: 0.37 AC
Year Built: 2018
Parking Spaces: 12
Parking Type: Surface (Gated)
Construction: Wood Frame
Meters: Individual
Frontage: Delgado ST
Zoning: MF-33
OFFERING SUMMARY
3305 Steck Ave., Suite 250 Austin, TX 78757 TIM HOWARD | MARKETING DIRECTOR @ ASTERRA PROPERTIES | 512.909.3590
DELGADO APARTMENTS653 Delgado St, San Antonio, TX 78207
FOR SALE
DRIVING TIMES
UTSA 6 Mins
9 MinsRiver Walk
9 MinsThe Alamo
5 MinsHEB
3305 Steck Ave., Suite 250 Austin, TX 78757 TIM HOWARD | MARKETING DIRECTOR @ ASTERRA PROPERTIES | 512.909.3590
Modern Kitchen Design
EXTERIORS
3305 Steck Ave., Suite 250 Austin, TX 78757 TIM HOWARD | MARKETING DIRECTOR @ ASTERRA PROPERTIES | 512.909.3590
DELGADO APARTMENTS653 Delgado St, San Antonio, TX 78207
FOR SALE
SURVEY
3305 Steck Ave., Suite 250 Austin, TX 78757 TIM HOWARD | MARKETING DIRECTOR @ ASTERRA PROPERTIES | 512.909.3590
Modern Kitchen Design
INTERIORS
3305 Steck Ave., Suite 250 Austin, TX 78757 TIM HOWARD | MARKETING DIRECTOR @ ASTERRA PROPERTIES | 512.909.3590
DELGADO APARTMENTS653 Delgado St, San Antonio, TX 78207
FOR SALE
RENT ROLL
UNIT SIZE STATUS DEPOSIT RENT LEASE EXP.Unit 1 470 SF Leased $450 $900 11/30/2019
Unit 2 470 SF Vacant - $900 -
Unit 3 470 SF Leased $450 $900 01/31/2020
Unit 4 470 SF Leased $450 $900 07/31/2020
Unit 5 470 SF Leased $450 $900 03/31/2020
Unit 6 470 SF Leased $450 $900 11/14/2019
Unit 7 470 SF Leased $450 $900 06/30/2020
Unit 8 470 SF Leased $450 $900 11/30/2019
Unit 9 470 SF Leased $450 $900 01/31/2020
Unit 10 470 SF Vacant - $900 -
Unit 11 470 SF Leased $450 $900 07/31/2020
Unit 12 470 SF Leased $900 $900 12/31/2019
Current Occupancy Rate: 83% | Cash flow statement available upon request
3305 Steck Ave., Suite 250 Austin, TX 78757 TIM HOWARD | MARKETING DIRECTOR @ ASTERRA PROPERTIES | 512.909.3590
DELGADO APARTMENTS653 Delgado St, San Antonio, TX 78207
FOR SALE
TIM HOWARD
MARKETING DIRECTOR
512.909.3590
ASTERRA PROPERTIES3305 Steck Ave
Suite 250, Austin, TX, 78757
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512-
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