For Sale
$3,500,000

6934 Crestway Rd San Antonio, TX 78239

12-Unit, Class A Apartment Complex, 4.8% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional Class A multifamily investment opportunity presents a 12-unit apartment complex in San Antonio, Texas, boasting a remarkable 4.8% cap rate. Located at 6934 Crestway Rd, 78239, this property offers unparalleled convenience, situated near I-35, 1604, the Forum, schools, and shopping centers. Built in 2022, the complex comprises three four-plex buildings, totaling 14,700 square feet. Each of the twelve units features a spacious 1260 square foot layout, including three bedrooms and 2.5 bathrooms. High-end finishes are evident throughout, showcasing granite countertops and stained concrete flooring. Residents enjoy private fenced yards and one-car garages, supplemented by ample visitor parking. Currently operating at 100% occupancy with multiple tenant renewals, this property offers a strong, stable income stream. The property's location is ideal for both short-term and long-term rentals, catering to commuters working downtown, at Randolph AFB, or Fort Sam Houston. This is a turnkey investment, situated outside city limits within the Neisd school district, presenting a compelling opportunity for significant returns. The gross lease structure simplifies management, and the twelve parking spaces provide ample accommodation for residents. This is a rare chance to acquire a high-performing, modern multifamily asset in a desirable San Antonio location.

Highlights

  • Exceptional Class A, 12-unit multifamily investment opportunity in San Antonio, TX, offering a 4.8% cap rate.
  • Located at 6934 Crestway Rd, 78239, near I-35 and 1604.
  • Newly constructed (2022), 14,700 sq ft, three four-plex buildings.
  • Twelve 1260 sq ft units, each with 3 bedrooms, 2.5 baths, granite countertops, and stained concrete floors.
  • 100% occupancy with strong rental income; private yards, garages, and ample visitor parking.

Property Details for 6934 Crestway Rd

Property type
Apartment buildings
Square Feet
14,700 SF
Class
A
Year Built
2022
Stories
2
Units
12

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.5212499
Longitude
-98.3509013

FAQs

What type of property is this?
Apartment building - 12-Unit, Class A Apartment Complex, 4.8% Cap Rate
Where is the apartment building located?
The property is located at 6934 Crestway Rd San Antonio, TX.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Exceptional Class A, 12-unit multifamily investment opportunity in San Antonio, TX, offering a 4.8% cap rate.; Located at 6934 Crestway Rd, 78239, near I-35 and 1604.; Newly constructed (2022), 14,700 sq ft, three four-plex buildings.
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6934 Crestway Rd
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