Multifamily

Starlight Apartments

347 Ware Blvd, San Antonio, TX 78221

Listing Price: $1,500,000

Cap Rate
5.04%
Number of Units
24
GRM
8.61
Occupancy
78.5%
Price/Unit
$62,500
Price/Gross SF
$144.68
Gross SF
10,368

Investment Overview

Marcus & Millichap is pleased to announce the exclusive listing of Starlight Apartments, a 24-unit apartment community in San Antonio, Texas. The property is located at 347 Ware Blvd in South San Antonio between Pleasanton Road and S. Flores Street. Originally built in 1972 and renovated in 2014, the property resides on 1.04 acres and contains all 1 bed/1bath units at approximately 432 square-feet for a total of 10,368 rentable square footage.

Investment Highlights

  • Year 1 Estimated 17% Total Return
  • Renovated Interiors
  • Multiple Value-Add Opportunies

Exclusively Listed By

Financing By

Listing Price: $1,500,000

Cap Rate
5.04%
Number of Units
24
GRM
8.61
Occupancy
78.5%
Price/Unit
$62,500
Price/Gross SF
$144.68
Gross SF
10,368

Investment Highlights

  • Year 1 Estimated 17% Total Return
  • Renovated Interiors
  • Multiple Value-Add Opportunies

Investment Overview

Marcus & Millichap is pleased to announce the exclusive listing of Starlight Apartments, a 24-unit apartment community in San Antonio, Texas. The property is located at 347 Ware Blvd in South San Antonio between Pleasanton Road and S. Flores Street. Originally built in 1972 and renovated in 2014, the property resides on 1.04 acres and contains all 1 bed/1bath units at approximately 432 square-feet for a total of 10,368 rentable square footage.

Exclusively Listed By

Financing By

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