Exceptional Value Off-Market Quadplex $550k
241 Deerwood Dr, San Antonio
ROI
11.28% IRR
Strategy
Mid Term Rental
San Antonio quadplex opportunity in Terrell Heights. Very close to downtown, Fort Sam, Alamo Heights, several universities, and several hospital systems. All units are townhome style with 2 beds, 1 bath each. Lease comps support $1200 per door. 1 unit occupied, the other 3 made vacant for the sale. This will work as a furnished mid term rental, short term rental, househack, or traditional buy and hold LTR. This property is easily worth $650k. Purchase now, let the property pay for itself, and re-sell in a year for a $100k gain. Taxes $12,346.
