San Antonio Institutional-Grade Quadplex $775k

1000 Diamond Dr, Boerne

ROI

14.90% IRR

Strategy

Long Term Rental

100% leased and managed quadplex north of San Antonio. Each unit is a 3 bed 2 bath. Lease comps support $1725 per door. Current rents are $1610, $1450, $1725, $1450. HOA $690. Includes landscaping, pest control, and amenity access. Schools are excellent, rated 7s and 8s. These quads traded close to $1M in 2021 and 2022. Call for more details on this one. It was built for out of state investors. Taxes $11854.

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San Antonio Institutional-Grade Quadplex $775k

Listed 02/10/2025

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1000 Diamond Dr, Boerne

Purchase Price:$775,000

Cash Outlay:$209,250

Cashflow:$529/mo

Cap Rate:6.81%

IRR:14.90%

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