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1150 Babcock Rd
San Antonio, TX 78201
The Ascent · Multifamily Property For Sale
·
154 Units
Investment Highlights
- 90.2% Occupied
- $125 Premiums on Upgraded Units
- Nearby the Rapidly Growing South Texas Medical CenterCOMMERCIAL
- Fixed 3.57% Assumable Loan for 7.3MM that Matures in 2030
- Current Ownership Has Spent $1.2MM+ Since Acquiring it in 2020
- All Boilers Replaced 2 Months Ago And Under Warranty
Property Facts
| No. Units | 154 | Lot Size | 4.88 AC |
| Property Type | Multifamily | Building Size | 102,811 SF |
| Property Subtype | Apartment | Average Occupancy | 29% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1965/2022 |
| Zoning | C-2 OCL - Multifamily | ||
| No. Units | 154 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.88 AC |
| Building Size | 102,811 SF |
| Average Occupancy | 29% |
| No. Stories | 2 |
| Year Built/Renovated | 1965/2022 |
| Zoning | C-2 OCL - Multifamily |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Heating
- Ceiling Fans
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Range
- Views
- Walk-In Closets
- Freezer
- Pantry
Site Amenities
- Clubhouse
- Courtyard
- Laundry Facilities
- Picnic Area
- Pool
- Property Manager on Site
- Gated
- Grill
- Pet Play Area
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | $825.00 | 476 |
| 1+1 | 110 | $927.50 | 490 - 665 |
| 2+1 | 24 | $1,069 | 875 - 911 |
| 2+1.5 | 11 | $1,158 | 955 - 995 |
| 2+2 | 1 | $1,200 | 1,091 |
Property Taxes
| Parcel Number | 13120-001-0021 | Improvements Assessment | $8,759,410 |
| Land Assessment | $990,590 | Total Assessment | $9,750,000 |
Property Taxes
Parcel Number
13120-001-0021
Land Assessment
$990,590
Improvements Assessment
$8,759,410
Total Assessment
$9,750,000
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