327 E Locust St - Apartments FOR SALE


San Antonio, TX 78212
$2,050,000 USD
210-934-2244
327 E Locust St, San Antonio, TX for Sale
$2,050,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

327 E Locust St
San Antonio, TX 78212


HIGHLIGHTS

  • Near Downtown San Antonio, The Pearl Brewery, and St. Mary's
  • Newly Installed Fixtures, Courtyard, and Amenities
  • New Cattle Fencing, Secured Access, and Laundry Room
  • Private Covered Parking with Ample Street Parking
  • 100% Occupied with Strong Rental History
  • Value Add Opportunities Still Present

OVERVIEW

Introducing The Tobin Hills Lofts at 327 E Locust St, an exceptional multifamily property in the heart of San Antonio, TX. This 10,926 SF building, featuring 14 modern units, built in 1963 and renovated in 2023. Zoned MF-33. New cattle fencing installed around the entire .42 Acres, private covered tenant parking with ample street parking, upgraded laundry room, and new building security access. High end finishes and fixtures installed throughout including an upgraded courtyard with hammocks, landscaping, and communal fire pit. This property is stabilized at 100% occupancy with value add opportunities still present. The apartment complex is located in a highly desirable area near downtown San Antonio, the popular Pearl Brewery development, St. Mary's strip, and plenty of walkable retail and dining options. I-35N, HWY 281, and the city's major thoroughfares are a short drive away, meaning easy central access for tenant commutes.

FOR SALE DETAILS

PRICE

$2,050,000 USD

PRICE/SF

$293 USD /SF

# OF UNITS

14

PRICE/UNIT

$146,429

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tobin Hill Lofts

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,530 SF

ZONING

MF-33

APN/PARCEL ID

01738-003-0070

ASK ABOUT THIS PROPERTY

Jonathon WebsterCaisson Real Estate Brokerage, LLCMore Info
210-934-2244

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Jonathon WebsterCaisson Real Estate Brokerage, LLCMore Info
210-934-2244

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.