Off market multifamily in San Antonio!
Remigio St, San Antonio, TX 78211
The Mix: 39 Duplexes (78 units total) + 8 Adjacent Acres + Office Building
Price: $ 6.5million (Firm)
Price Per Unit: ~$70,500 (Before counting the land or office)
The Math:
· Unit Mix: (7/1, 44/2, 18/3, 6/4) – perfect for Section 8 vouchers.
· Rehab: Needs full cosmetic refresh, roofs, etc. Estimated at $30-40k/unit.
· All-In Basis: Roughly $100k-$110k per door.
· The Play: These are basic rectangular buildings. Crank out the reno, raise rents, and refi. With 8 acres of extra land, you also have room to expand or build additional storage.
Offering
San Antonio, Texas