17 Locations

17 fully leased* single-family homes in stable “bread and butter” neighborhoods, assembled over several decades by the current owner, who is now retiring. Each was rehabbed to be one of the most attractive homes in the neighborhood when purchased and kept meticulously maintained. Rents have been adjusted each year at lease-renewal time, but kept slightly under market to ensure full occupancy. In-house property supervisor inspects the homes, performs required maintenance and changes the AC Filters every 3 months. Several have long-time tenants. All old-style Freon AC units have all been replaced.

6 homes are in Northeast Bexar County, near Jt Base Randolph, 10 are in Southeast Bexar County close to Jt Base Fort Sam Houston and downtown San Antonio, and one is in a growing area of Northwest Bexar County, near Sea World, Microsoft and Jt Base Lackland.

Priced reduced to $2,750,000, CAP rate of 8.27% including management. Tax and Insurance Expense figures are 2025 Actual. Income and expense through 12-31-2025plus YTD 2026 are in Due Diligence section. Current Property Supervisor wants to stay if needed. No showings until under contract. Drive-bys are OK, but do not disturb the tenants. Note: Scheduled Income is larger than actual 2025 due to leaving one unit vacant for 3 months while under contract at buyer request. All units are now fully rented. The homes at Mustang Ridge and Bernadine have just been totally rehabbed and re-rented. Note: Major repair details are listed in the Rent Roll in Due Diligence.

Seller plans to do a 1031 Tax-deferred exchange. Seller financing is not available. Portfolio consistently produces about $20K per month in NET Cash Flow.

NO VACANCIES AS OF 5/21/26