210-219-3045
516 Gentleman Rd, San Antonio, TX for Sale
Apartments - FOR SALE
1/27
null | Request Cap Rate

516 Gentleman Rd
San Antonio, TX 78201


HIGHLIGHTS

  • True added value opportunity
  • Excellent rent upside possible
  • Garden style apartments

OVERVIEW

An exceptional investment opportunity. Unlock the potential of this 28 unit garden-style apartment complex in Balcones Heights. Where the current owners faced challenges, this is your chance to transform Coral Gables into a truly exceptional property. This complex is ideal to stabilize for working class families or elevate the space into high-end garden apartments. The opportunities are endless. Property Details: * Unit Composition 15 one-bedroom apartments (685-746sf) 13 two-bedroom apartments (850-1031sf) Despite the current underwhelming condition, the rents are already close to market rates indicating significant potential. Each apartment features access to the community pool, convenient on-site laundry facility, and parking that encircles the complex. Apartment Features: * Complete appliance package * Predominantly wood-look vinyl plank flooring * Numerous units have been partially remodeled in the last five years * Individual metered electricity * Monthly fees for water, administration, and miscellaneous expenses Location and Accessibility: Coral Gables is strategically located near major employers such as USAA and South Texas Medical Center. Residents enjoy easy access to Downtown San Antonio, Joint Base Fort Sam, and a plethora of local retailers, restaurants, service establishments, entertainment districts, and other major destinations. Invest now to bring this property to it's full glory!

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

28

CAP RATE

Request Cap Rate

% LEASED

39%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Coral Gables Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

R-6

APN/PARCEL ID

05894-000-0033

ASK ABOUT THIS PROPERTY

Donna CrabtreeSophus PropertiesMore Info
210-219-3045

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Donna CrabtreeSophus PropertiesMore Info
210-219-3045

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