222 Merida St | San Antonio, TX 78207
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222 Merida St
San Antonio, TX 78207
Merida Apartments · Multifamily Property For Sale
·
10 Units
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 | 1987/2018 |
| 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 | 1987/2018 |
| 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
ABOUT 222 MERIDA ST , SAN ANTONIO, TX 78207
Merida Apartments is completely renovated 10 unit property adjacent to downtown San Antonio (near King William). The asset boasts full occupancy after interior and exterior renovation along with stabilized numbers making it fully eligible for unrestricted financing options. All spacious 2 Bedroom / 1 Bathroom floor plans across the street from Martinez Park playscapes and sports fields. Excellent investment for buyer seeking a TRUE 7.28% CAP RATE, with continued upside in a core Texas market.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 10 | $800.00 | 769 |
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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