Historical Multifamily Sale Listing - Chauncey Drive Apartment Complex

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Chauncey Drive Apartment Complex

606 Chauncey Dr, San Antonio, TX 78216

N/A

16 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
16
Building Size:
22,020 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
1%
Cap Rate:
6.04%
Occupancy:
100%
Year Built:
1970
Lot Size:
40,560 SF
Listing ID
15465580
Last Updated
over 1 year ago

Description

Chauncey Apartment Complex is an in-fill 16 unit complex (4 buildings) built in 1970 in North Central San Antonio. Two and Three Bedroom units range in size from 1200 sq. ft. to 1600 sq. ft.! Chauncey is ideally located slightly north of Loop 410, within easy commute to all major employers, attractions, shopping, Alamo Heights, International Airport, and downtown. The buildings were built on concrete reinforced slabs with pitched roofs, and a wood and brick veneer exterior. Situated in the highly desirable Harmony Hills, Chauncey draws tenants who wish to live in a quiet, established, safe neighborhood and the highly prestigious NE Independent School District.

San Antonio is the second-largest city in the state of Texas and the seventh-largest in the U.S. Population is 1.3 million as of 2006. San Antonio is the 4th fastest growing large city in the nation from 200-2006. The city' s corporate profile includes Toyota, Bank of America, Washington Mutual, Microsoft, H-E-B, numerous medical centers, and many more, drawing from a local, skilled labor force.

Map of 606 Chauncey Dr, San Antonio, TX 78216 (Bexar County)

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Created 12/4/2007