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Rare MTR/LTR Quadplex in San Antonio $699k

115 E Silver Sands Dr, San Antonio
ROI
21.79% IRR
Strategy
Mid Term Rental
Fully occupied and turnkey quadplex in good location cashflow positive from day 1. Very rare find in San Antonio. Close to down town, the airport, and military base. Tenants are all month to month and pay $1400, $1400, $1400, $1500. Lease comps support $1500 per door as LTRs. This will also work as a furnished mid-term rental and can pull $2000 per door per month! Taxes 14472.

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Rare MTR/LTR Quadplex in San Antonio $699k

Listed 07/08/2024

115 E Silver Sands Dr, San Antonio

Purchase Price:$699,000

Cash Outlay:$188,730

Cashflow:$1,066/mo

Cap Rate:10.02%

IRR:21.79%

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