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Fully Renovated 8 Unit Complex Next to Lackland AFB and Boeing

926 King Ave, San Antonio
ROI
19.63% IRR
Strategy
Long Term Rental
Fully renovated 8 unit complex next to Lackland AFB and Boeing. Partially occupied with three 1 bed units and five 2 bed units. Two story 4,032 sq ft 8-unit complex built in 1974. Fully renovated in 2022, with three 1 bed, 1 bath units and five 2 bed, 1 bath units. Separate utilities.

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Fully Renovated 8 Unit Complex Next to Lackland AFB and Boeing

Listed 05/01/2023

926 King Ave, San Antonio

Purchase Price:$750,000

Cash Outlay:$245,000

Cashflow:$1,103/mo

Cap Rate:7.72%

IRR:19.63%

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