222 Merida St | San Antonio, TX 78207
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- LoopNet Team
222 Merida St
San Antonio, TX 78207
Merida Apartments · Multifamily Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- 5.8% cap rate on actual T-3 annualized
- Free and clear to unrestricted financing options
- 100% Occupancy - strong tenant demand with $100 rent bump for premium upgrade
PROPERTY FACTS
| No. Units | 10 | Building Size | 23,525 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1987/2020 |
| Building Class | C | Parking Ratio | 1.06/1,000 SF |
| Lot Size | 0.43 AC | ||
| Zoning | Commercial - Commercial | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 23,525 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1987/2020 |
| Parking Ratio | 1.06/1,000 SF |
| Zoning | Commercial - Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Gated
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 10 | $900.00 | - |
PROPERTY TAXES
| Parcel Number | 02527-001-0071 | Improvements Assessment | $810,240 |
| Land Assessment | $89,760 | Total Assessment | $900,000 |
PROPERTY TAXES
Parcel Number
02527-001-0071
Land Assessment
$89,760
Improvements Assessment
$810,240
Total Assessment
$900,000
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