811 Cantrell DrSan Antonio, TX 78221

For Sale
$250,000
Turnkey Duplex, High Occupancy, 7.28% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional investment opportunity presents a fully occupied, two-unit duplex located at 811 Cantrell Dr, San Antonio, Texas 78221. Boasting a total of 1,496 square feet, this property offers a compelling price per square foot of $167.11 and a price per unit of $125,000. Built in 1970 and extensively renovated in 2020, the property is in excellent condition and benefits from a 100% occupancy rate, generating a strong pro-forma NOI of $18,189 and a 7.28% cap rate. The property is classified as Class C multifamily and sits on a single-story building with C-2 zoning, providing significant potential for future diversification and value-add opportunities. Conveniently located in San Antonio's thriving Southside, this duplex enjoys proximity to Texas A&M University, Lackland Air Force Base, Palo Alto College, and an abundance of shopping and dining options. The motivated seller makes this a truly attractive investment prospect for those seeking a turnkey, income-producing asset. This property meets the 1% rule, offering immediate cash flow and a solid return on investment.

Highlights

  • 100% Occupancy
  • Strong Cash Flow (Meets 1% Rule)
  • C-2 Zoning
  • Turnkey Investment, Positive Cash Flow
  • Seller Highly Motivated

Property Details for 811 Cantrell Dr

Property type
Residential income homes
Square Feet
1,496 SF
Class
C
Year Built/Renovated
1970/2020
Buildings
1
Stories
1
Units
2

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.3488154
Longitude
-98.51669
811 Cantrell Dr, San Antonio, Texas

FAQs

What type of property is this?
Residential income home - Turnkey Duplex, High Occupancy, 7.28% Cap Rate
Where is the residential income home located?
The property is located at 811 Cantrell Dr San Antonio, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 100% Occupancy; Strong Cash Flow (Meets 1% Rule); C-2 Zoning
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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811 Cantrell Dr
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