7210 John Palmer Dr San Antonio, TX 78239
New fourplex in sought-after area, producing income for investors.
- Added:
- Sep 22, 2024
- Days on Market:
- 658
- Last Refresh:
- Apr 6 at 3:08 am
Property Features for 7210 John Palmer Dr
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 0.16 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 2025
Listing office Vortex Realty (210) 306-0674
Listing date Sep 22, 2024
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Vortex Realty
Investment Insights
Based on property information with market context.
Key Highlights
- Income‑producing fourplex in a desirable North‑East location.
- Brand new construction (2025).
- $10,000 seller concessions.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $87.0k | $17.40 |
| − Vacancy | −$4.8k | −$0.96 |
| EGI | $82.2k | $16.44 |
| − OpEx | −$24.7k | −$4.93 |
| NOI | $57.6k | $11.51 |
