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33466096
33466097

170 De Chantle Road, San Antonio, TX 78201

AP
TX 534567
Citywide Realty
Listed by Citywide Realty
$360,000
1 day on market
Updated 1 day ago

170 De Chantle Road

Details
Property Type Retail, Multifamily
Sub Type Single Family Rental Portfolio, Apartment Building
Cap Rate 5.00%
Occupancy 80%
Tenancy Multi
Remaining Term 1
Class C
Year Built 1969
Buildings 7
Parking Spaces 2 per unit
Ground Lease No

9 CONDOS - $360,000 Package/$40,000 Per Unit Sold Separately

Marketing description

PROPERTY FEATURES:

· Amenities: Pool, laundry facilities, trash, and access to public transportation.

· Unit Features: Central Heat/Air, Cable/WiFi Readiness, and basic Appliances

AREA: Centrally located with quick access to major highways like I-10 and Loop 410,

facilitating easy commutes to downtown San Antonio and the South Texas Medical Center.

SCHOOLS:

· Maverick Elementary School: Grades PK–5, located 0.3 miles away.

· Longfellow Middle School: Grades 6–8, located 1.3 miles away.

· Jefferson High School: Grades 9–12, located 0.9 miles away

ADDITIONAL NOTES: Unlock the opportunity to own a 9-unit condo package in a rapidly

growing area – perfect for seasoned investors or rehab-minded buyers looking for strong upside potential. These units can be purchased separately or as a package.

  • Strong Rental Demand
  • Ideal Fix & Hold or Flip Opportunity
  • Significant Value-Add Upside with Rehab Area
  • Great Location Near Schools, Transit, and Shopping

Investment highlights

https://PICS and DOCS: https://drive.google.com/drive/folders/1mhPopPz8BUcA_Ei81_-EsqVyY2CUhJ0Z?usp=sharing

Notes:

  • 7 of the 9 units leased!
  • Utilities can vary from month to month.
  • Seller's taxes and insurance costs may vary from year to year.

Summary:

  • Occupied Units: 7
  • Vacant Units: 2
  • Gross Monthly Rent Collected: $5,600
  • Potential Monthly Rent at Full Occupancy (assuming Units 704 and 709 rent for approximately $750/month each): $7,100
  • Total Monthly Operating Expenses: $3,008
  • Current Net Operating Income (NOI): $2,592/month
  • Projected NOI at Full Occupancy: $4,092/month

(Projected occupancy assumes Units 704 and 709 lease at approximately $900-$1000/month each.)

Listing Contacts

AP
TX 534567
Citywide Realty
Listed by Citywide Realty

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Additional Information

Name
Andy Patlan
License
534567
Brokerage
Citywide Realty
Brokerage Phone
5127840048
Title
Real Estate Broker
Brokerage Address
2311 West Parmer Lane
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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