INDEX
PA-R8L7Z
MULTIFAMILY
FOR SALE
FOR SALE
820 FRANK AVE SAN ANTONIO TX 78208-1723
820 FRANK AVE, SAN ANTONIO, TX, 78208-1723
Listed by URIAH Real Estate Organization
ASKING
$164,900
8.40% CAP
— LISTING ADVISOR
Pedro Armando
Principal · PA Real Estate
TYPE
Multifamily
TRANSACTION
For Sale
SUB TYPE
Single Family Rental Portfolio, Apartment Building
UNITS
1
CAP RATE
8.40%
NOI
$13,787
OCCUPANCY
100%
SQUARE FOOTAGE
990
YEAR BUILT
1948
STORIES
1
Asset summary.
◉ PA-R8L7Z
Fully leased, turn-key investment opportunity in Government Hill near Downtown San Antonio and the Pearl District. Current tenant pays $1,550/month, providing immediate cash flow from day one. Offered at $164,900, the property presents an attractive in-place 8.4% cap rate with no immediate capital improvements required. Ideal for investors seeking a stabilized, low-maintenance rental in one of San Antonio's strongest urban infill corridors. Tenant lease extends through May 2027. Do not disturb tenant. Showings only upon accepted offer. Buyer to independently verify all information.
— Investment Highlights
01Immediate Cash Flow
02Near Downtown & The Pearl
03Lease in Place Through May 2027
Year-one numbers.
Underwritten from rent roll and trailing 12 operating statements. Full T-12, rent roll, and PSA available in data room.
GROSS SCHEDULED RENT$17,234
OPERATING EXPENSES($3,447)
NET OPERATING INCOME$13,787
ASKING PRICE$164,900
CAP RATE8.40%
— Location
