Off market multifamily in San Antonio!

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Off market multifamily in San Antonio!

Hinton, WV · Member since 2024 · 12 posts · 1 vote

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.

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