Greater San Antonio SFD Rental Portfolio 18 biens | Spécialité | À vendre | 2 368 795 € | Localisations multiples

18 fully occupied single-family homes in stable “bread and butter” neighborhoods, assembled over several decades by the current owner, who is now retiring. Each was rehabbed to be one of the most attractive homes in the neighborhood when purchased and kept meticulously maintained. Rents have been adjusted each year at lease-renewal time, but kept slightly under market to ensure full occupancy. In-house property supervisor inspects the homes, does required maintenance and changes the AC Filters every 3 months. Some have long-time tenants. All old-style AC units have been replaced.
Six homes are in Northeast Bexar County, near Jt Base Randolph, twelve are in Southeast Bexar County close to Jt Base Fort Sam Houston and downtown San Antonio, and one is in a growing area of Northwest Bexar County, near Sea World, Microsoft and Jt Base Lackland.
Priced @ $3,400,000, CAP rate of 6.55% including management. EGI = $337,524; NOI = $230,791. Expense figures are 2024 and 2025 Actual. Current Property Supervisor can stay if needed. Financial details in Due Diligence section. No showings until under contract. Drive-bys are OK, but do not disturb the tenants.