12200 W Interstate 10 | San Antonio, TX 78230
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- LoopNet Team
12200 W Interstate 10
San Antonio, TX 78230
University Cove · Multifamily Property For Sale
·
262 Units
INVESTMENT HIGHLIGHTS
- Assumable Freddie Mac Loan at 4.60% Interest With Interest-Only Through March 31, 2026
- Frontage on Interstate-10 (11,000+ VPD - Yardi)
- $63,000+ Median HH Income - 1-Mile Radius (CoStar)
- $2.6MM+ in Value-Add
- $1.6MM+ Invested in Capital Expenditures Since 2020
- Near the Highly Rated USAA Area
PROPERTY FACTS
| No. Units | 262 | Lot Size | 9.08 AC |
| Property Type | Multifamily | Building Size | 188,015 SF |
| Property Subtype | Apartment | Average Occupancy | 90% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 1979 |
| Zoning | C-2 | ||
| No. Units | 262 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 9.08 AC |
| Building Size | 188,015 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built | 1979 |
| Zoning | C-2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Den
- Dining Room
- Loft Layout
- Vinyl Flooring
- Window Coverings
SITE AMENITIES
- Controlled Access
- Tennis Court
- Basketball Court
- Storage Space
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 15 | - | 477 |
| 1+1 | 191 | - | 482 - 853 |
| 2+1 | 56 | - | 893 |
PROPERTY TAXES
| Parcel Number | 14862-000-0080 | Improvements Assessment | $10,682,510 |
| Land Assessment | $5,567,490 | Total Assessment | $16,250,000 |
PROPERTY TAXES
Parcel Number
14862-000-0080
Land Assessment
$5,567,490
Improvements Assessment
$10,682,510
Total Assessment
$16,250,000
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