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2311 Pinn Rd
San Antonio, TX 78227
Casablanca Apartments · Multifamily Property For Sale
·
60 Units
Investment Highlights
- A 60-unit apartment complex is currently available for a 1031 Exchange.
- This property boasts a recently installed roof and updated windows, among other improvements!
- Individual electric meters for all buildings
- Proforma 1 beds. $775 to $795 2 beds. $895 to 945
- Financing is facilitated through Freddie Mac, offering an assumable loan with a fixed APR of 4.52 % for 10 years (with 6-7 years remaining) and decrea
- The market rate totals come to $44,720, divided by the total square footage of 27,720. This yields a market price of $1.66 per square foot.
Property Facts
| No. Units | 60 | Lot Size | 0.98 AC |
| Property Type | Multifamily | Building Size | 40,000 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 2.71/1,000 SF |
| Zoning | C-2 - B2 - Multifamily Over 4 Units | ||
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.98 AC |
| Building Size | 40,000 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 2.71/1,000 SF |
| Zoning | C-2 - B2 - Multifamily Over 4 Units |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Laundry Service
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 56 | $700.00 | 420 |
| 2+1 | 4 | $855.00 | 720 |
Property Taxes
| Parcel Number | 15596-053-0783 | Improvements Assessment | $2,202,510 |
| Land Assessment | $147,850 | Total Assessment | $2,350,360 |
Property Taxes
Parcel Number
15596-053-0783
Land Assessment
$147,850
Improvements Assessment
$2,202,510
Total Assessment
$2,350,360
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