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811 Darby Blvd
San Antonio, TX 78207
Darby Square Apartments · Multifamily Property For Sale
·
75 Units
Investment Highlights
- 98% current occupancy and excellent history of high occupancy
- Estimated ~10% rent growth potential to current effective rents in place
- All apartments are updated with vinyl plank flooring, central HVAC, water heater, garbage disposal, dishwasher and black appliances
- Office on site, Air Conditioned Central Laundry, Dog Park, Large Playground, + 11 Storage units on site (for rent at $75/mo)
- No deferred maintenance, All roofs replaced in November 2021
- 8 units have premium upgrades evidencing higher rent potential (granite counters, upgraded cabinets, style etc)
Property Facts
| No. Units | 75 | Building Size | 55,296 SF |
| Property Type | Multifamily | Average Occupancy | 77% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1986/2021 |
| Building Class | C | Parking Ratio | 1.79/1,000 SF |
| Lot Size | 2.13 AC | ||
| Zoning | R-6 CD - Residential | ||
| No. Units | 75 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.13 AC |
| Building Size | 55,296 SF |
| Average Occupancy | 77% |
| No. Stories | 2 |
| Year Built/Renovated | 1986/2021 |
| Parking Ratio | 1.79/1,000 SF |
| Zoning | R-6 CD - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Ceiling Fans
- High Speed Internet Access
- Refrigerator
- Oven
- Range
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Playground
- Tenant Controlled HVAC
- Gated
- Laundry Service
- Maintenance on site
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 13 | $735.00 | 480 |
| 2+1 | 60 | $910.00 | 724 |
| 2+2 | 1 | $917.50 | 796 |
| 3+2 | 1 | $935.00 | 796 |
Property Taxes
| Parcel Number | 03695-036-1470 | Improvements Assessment | $6,563,610 |
| Land Assessment | $436,390 | Total Assessment | $7,000,000 |
Property Taxes
Parcel Number
03695-036-1470
Land Assessment
$436,390
Improvements Assessment
$6,563,610
Total Assessment
$7,000,000
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