Multifamily 4 Plex and duplex/Owner Financed

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Multifamily 4 Plex and duplex/Owner Financed

Violet MartinPro Member
Homeowner · San Antonio Tx · Member since 2023 · 4 posts · 1 vote

🏢 🛩️ OFF-MARKET SAN ANTONIO PORTFOLIO – 100% LEASED w/ SELLER FINANCING

Location: San Antonio, TX (Alta Vista & Near Northwest)
Combined Price: $1,650,000 (Available as a package or individually)
Current Actual Gross Rent: $7,270 / month

THE OOS INVESTOR PLAY:
Bypass strict out-of-state banking restrictions. Acquire a fully stabilized, 6-unit portfolio in premier San Antonio submarkets featuring high-end infrastructure, premium assets, and customized 8.0% Owner Financing.

🏢 Property 1: Alta Vista 4-Plex – 423 W. Craig Pl ($1,200,000)

  • Income: $5,070 / month actual gross rent (100% occupied).

  • Terms: 20% Down ($240,000) | $960,000 Principal note at 8.0% interest.

  • Year 1 Intro Special: 12-Month Interest-Only payments of $6,400/mo.

  • Capital Infrastructure: Features a high-durability metal roof and a completely remodeled Apartment #4 matching modern premium rental standards.

  • Utility Structure: Fully optimized. Units have separate electric meters billed directly to tenants. Master water is cleanly split across units and collected digitally.

🏡 Property 2: Turnkey Duplex – 773 Fulton Ave ($450,000)

  • Income: $2,200 / month actual gross rent (100% leased through late 2027).

  • Terms: 20% Down ($90,000) | $360,000 Principal note at 8.0% interest.

  • Year 1 Intro Special: 12-Month Interest-Only payments of $2,400/mo.

  • Capital Infrastructure: Protected by a permanent metal roof guaranteeing rock-bottom long-term maintenance costs and major insurance premium advantages.

  • Utility Structure: Master utilities are managed seamlessly using an established Ratio Utility Billing System (RUBS) split proportionally: 65% for Unit 1 and 35% for Apartment 2 (Studio).

🌟 MASTER PORTFOLIO HIGHLIGHTS:

  • Pure Passive Yield: Collect a combined $8,800/month in Year 1 interest note checks—outpacing current gross rental collections by $1,530/month with zero maintenance, management, or repair liabilities.

  • Effortless Operations: Turnkey utility splits are already integrated. Lawn care is reliably handled by a trusted local maintenance crew for both properties.

  • Clean Underwriting Vault: Signed leases, security deposit tracking, recent successful property tax reduction proofs, and interior remodel asset data are fully organized.

Direct unrepresented FSBO sale closing securely via an investor-friendly title company. DM directly to execute the NDA and release the full financial binder.

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Ashish AcharyaBusiness Member
CPA, CFP®, PFS · Sarasota, FL · Member since 2017 · 5k+ posts · 3k+ votes
5d

Violet, the seller financing is interesting, but I'd be careful with the "passive yield" calculation here. Based on the numbers you posted, the combined gross rent is $7,270/month while the year-one interest-only payments are $8,800/month. That puts you about $1,530/month negative before property taxes, insurance, vacancy, CapEx, and other operating expenses.

I’d want to underwrite the properties based on the full operating picture rather than the interest-only period making the numbers look temporarily easier.

From the tax side, I’d also have the CPA review the seller-financing structure before closing. You’ll want the purchase price, interest, closing costs, and each property’s basis properly documented so the depreciation and interest treatment are clean from the beginning.

And I wouldn’t let the potential tax deductions justify a deal that doesn't work operationally. The tax strategy should improve a good investment, not be the reason a negative-cash-flow investment looks attractive.

If the seller is flexible, I'd also model the deal using the actual financing terms after the interest-only period ends. That's probably the number I'd want to be comfortable with before committing to the portfolio.

Feel free to DM me, I’d be happy to send over a few resources that might be helpful.

[email protected]941-914-7779
INVESTOR FRIENDLY CPA®4.9242 Reviews
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TaxMD® | Tax Planning Software
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  • Renard BrownPro Member
    Austin, TX · Member since 2026 · 56 posts · 6 votes
    1w

    Thanks for sharing! Are you open to working with investors who can bring qualified buyers? I’d love to review the details.

    0Reply
    • Violet MartinPro Member
      OP
      Homeowner · San Antonio Tx · Member since 2023 · 4 posts · 1 vote
      8h

      Yes, I’m open

      0Reply
  • Violet MartinPro Member
    OP
    Homeowner · San Antonio Tx · Member since 2023 · 4 posts · 1 vote
    1w

    Hello, qualified buyers looking for owner financing for 5-7 yrs?

    0Reply
  • Ashish AcharyaBusiness Member
    CPA, CFP®, PFS · Sarasota, FL · Member since 2017 · 5k+ posts · 3k+ votes
    5d

    Violet, the seller financing is interesting, but I'd be careful with the "passive yield" calculation here. Based on the numbers you posted, the combined gross rent is $7,270/month while the year-one interest-only payments are $8,800/month. That puts you about $1,530/month negative before property taxes, insurance, vacancy, CapEx, and other operating expenses.

    I’d want to underwrite the properties based on the full operating picture rather than the interest-only period making the numbers look temporarily easier.

    From the tax side, I’d also have the CPA review the seller-financing structure before closing. You’ll want the purchase price, interest, closing costs, and each property’s basis properly documented so the depreciation and interest treatment are clean from the beginning.

    And I wouldn’t let the potential tax deductions justify a deal that doesn't work operationally. The tax strategy should improve a good investment, not be the reason a negative-cash-flow investment looks attractive.

    If the seller is flexible, I'd also model the deal using the actual financing terms after the interest-only period ends. That's probably the number I'd want to be comfortable with before committing to the portfolio.

    Feel free to DM me, I’d be happy to send over a few resources that might be helpful.

    [email protected]941-914-7779
    INVESTOR FRIENDLY CPA®4.9242 Reviews
    WebsiteView Page
    TaxMD® | Tax Planning Software
    WebsiteView Page
    1Reply
  • Chris ColtonPro Member
    Investor · San Antonio, TX · Member since 2026 · 44 posts · 28 votes
    8h

    Hi Violet, I am here in San Antonio too. I saw your post and your reply today about being open to working with people who bring good buyers. That kind of selling is close to the work I do here. Most of my time is spent talking with local sellers and buyers and trying to be helpful where I can.

    I am not writing about any one home today. I just wanted to say hello to another local person and learn what a good buyer looks like for you. I would like to stay in touch if you are open to it.

    210-756-9075
    0Reply
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