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Rare San Antonio Mid Term Rental Quadplex Near Airport $515k

809 813 John Adams Dr, San Antonio
ROI
19.55% IRR
Strategy
Mid Term Rental
Beautiful property for an investor looking for a mix of cashflow and appreciation. The property is already professionally managed, all 4 units are ready for tenants, several upgrades completed. All utilities are metered separately. Great one here for any out of state, or local investor looking for a low maintenance long term buy and hold deal. It will also work as a STR / MTR deal due to proximity to Lackland Airforce Base, the san antonio airport, and the Medical Center. Mid Term rental rates are $1600 per door per month LTR rates are $1200 per door. Taxes 7836.

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Rare San Antonio Mid Term Rental Quadplex Near Airport $515k

Listed 07/24/2024

809 813 John Adams Dr, San Antonio

Purchase Price:$515,000

Cash Outlay:$139,050

Cashflow:$618/mo

Cap Rate:9.22%

IRR:19.55%

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