🚫 We are no longer accepting BRRRR, Fix/Flip, or Wholesale clients

Turnkey Fourplex Built in 2017 Near Methodist Hospital off I-35

6326 Melanzane Ave, San Antonio
ROI
24.89% IRR
Strategy
Mid Term Rental
Turnkey fourplex built in 2017 near Methodist Hospital off I-35. Convenient location 15 minutes from downtown and airport. High quality newer asset in a growth corridor. Currently leased long-term for $5985/mo, with a strong mid-term rental market that can generate $12k/mo. 4,872 sq ft two story townhome-style quadplex with 3 bed, 2.5 baths and a 1-car garage per unit. Built in 2017, in turnkey condition. Modern, neutral finishes and fixtures with private fenced backyards. All units currently leased long-term for $1500, 1540, 1445, and 1500/mo.

Enter your email to download the proforma

< Back to Daily Deals

Turnkey Fourplex Built in 2017 Near Methodist Hospital off I-35

Listed 11/30/2023

6326 Melanzane Ave, San Antonio

Purchase Price:$849,000

Cash Outlay:$259,230

Cashflow:$1,979/mo

Cap Rate:8.61%

IRR:24.89%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties
Updated Today

Long Term Rental

Killeen Cashflowing Quadplex $370k

1710 Windward Dr, Killeen

Purchase Price:$370,000

Cash Outlay:$99,900

Cashflow:$400/mo

Cap Rate:7.28%

IRR:17.08%

Updated Today

Long Term Rental

DFW Arlington 1% Rule Duplex $435k

1001-1003 Silent Dr, Arlington

Purchase Price:$435,000

Cash Outlay:$117,450

Cashflow:$328/mo

Cap Rate:6.89%

IRR:15.24%

Updated Today

Long Term Rental

Galveston Triplex $575k

5315 Avenue R, Galveston

Purchase Price:$575,000

Cash Outlay:$155,250

Cashflow:$1,230/mo

Cap Rate:8.56%

IRR:23.07%

Updated Today

Short Term Rental

Houston AirBnB Duplex $590k

4938 Bataan Rd, Houston

Purchase Price:$590,000

Cash Outlay:$159,300

Cashflow:$410/mo

Cap Rate:6.82%

IRR:14.90%

Updated Today

Long Term Rental

Galveston 10-Plex $850k

1927 Avenue M, Galveston

Purchase Price:$850,000

Cash Outlay:$229,500

Cashflow:$970/mo

Cap Rate:7.36%

IRR:17.43%

Updated Today

Long Term Rental

San Antonio Turnkey Duplex $275k

5110 Meadow Cv, San Antonio

Purchase Price:$275,000

Cash Outlay:$74,250

Cashflow:$67/mo

Cap Rate:6.12%

IRR:12.20%