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Tuscany Villas 8302 Via Verona 4 Unit Apartment Building $975,000 ($243,750/Unit) 6.32% Cap Rate San Antonio, TX 78227

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INVESTMENT HIGHLIGHTS

  • These new construction luxury fourplexes offer special financing, with interest rates from 3.75%.
  • The gated community’s exceptional location is just off the TX 90 and Connally Loop Interchange, near the Medina and Lackland Air Force Base.
  • Desirable features include Stainless Steel Samsung appliances, Foam insulation, ceramic tile flooring included in wet areas and shower.
  • With a growing population of over 236K within five miles of the property, and 41% renting their homes, there is strong demand for new rental units.

EXECUTIVE SUMMARY

Special financing incentives are available from 3.75% interest.
#AMAZING FINANCE INCENTIVES AVAILABLE! 8306 Via Verona at Tuscany Villas Enclave is a gated community with two parks and a super convenient location. This master-planned community in San Antonio is located on the west side, just minutes from Lackland and Medina Air Force Base. Each unit is 1362 square feet with three bedrooms, two and a half baths, a one-car garage, and a fenced back yard with sod and irrigation. The Stucco facade, exterior hardy board siding, and 35-year heavy composition dimensional shingles create a modern, stylish exterior finish. For maximum efficiency, foam insulation is present in all exterior walls, including the rafters and garage ceiling. Ceramic tile flooring is in all wet areas, including the entryway and living room. The kitchen is up to date with beautiful quartz countertops and a sleek Samsung kitchen appliance package, including a range, microwave, dishwasher, side-by-side refrigerator with water, and an ice maker. These units are GORGEOUS inside and out!

Tuscany Villas community includes two parks and enjoys a convenient location just off the intersection of State Highway 90 and the Connally Loop. The area sees consistent demand thanks to its quality schools, convenient urban amenities, and proximity to Medina and Lackland Air Force Base. More than 41% of the 236,000 residents living within five miles of Tuscany Villas currently rent their homes, resulting in more than $326 million in household spending.

ATTACHMENTS

Tuscany Villas

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income $82,800 $15.20
Other Income - -
Vacancy Loss - -
Effective Gross Income $82,800 $15.20
Taxes $14,000 $2.57
Operating Expenses $7,168 $1.32
Total Expenses $21,168 $3.89
Net Operating Income $61,632 $11.31

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income
Annual $82,800
Annual Per SF $15.20
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $82,800
Annual Per SF $15.20
Taxes
Annual $14,000
Annual Per SF $2.57
Operating Expenses
Annual $7,168
Annual Per SF $1.32
Total Expenses
Annual $21,168
Annual Per SF $3.89
Net Operating Income
Annual $61,632
Annual Per SF $11.31

PROPERTY FACTS

Price $975,000
Price Per Unit $243,750
Sale Type Investment
Cap Rate 6.32%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Lot Size 6.89 AC
Building Size 5,448 SF
Average Occupancy 0%
No. Stories 2
Year Built 2025
Parking Ratio 0.37/1,000 SF
Zoning MF - Multifamily District

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • High Speed Internet Access
  • Ice Maker
  • Refrigerator
  • Oven
  • Sprinkler System
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Wi-Fi
  • Yard
  • Attic
  • Dining Room
  • Double Pane Windows
  • Lawn
  • Pantry
  • Patio
  • Smoke Free
  • Window Coverings

SITE AMENITIES

  • Picnic Area
  • Playground
  • Gated

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2.5 4 - 1,362

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15133-012-9990
Land Assessment
$100
Improvements Assessment
$0
Total Assessment
$100
Annual Taxes
$14,000 ($2.57/SF)
Tax Year
2025
  • Listing ID: 31694531

  • Date on Market: 5/3/2024

  • Last Updated:

  • Address: 8302 Via Verona, San Antonio, TX 78227

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