Fourplex with Private
For Sale
$699,000
6906 Crestway Rd, San Antonio, TX 78239
Each residence includes granite counters, a private yard, and a one-car garage.
Property Size4,900 SF
Price / SF$142.65
Days on Market8
Property Features for 6906 Crestway Rd
General Information
Standard status
Active
Size
4,900 SF
Property subtype
Multi-Family
Building Details
Year Built
2022
Listing Agency:
Premier Realty Group Platinum
(210) 641-1400
Listed By:
Deborah Ortiz de la Pena · License #682023
Source:
Theswinneygroup
Added: Aug 22
Changed: Aug 29
Last Checked: Aug 29 at 11:11AM
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 Premier Realty Group Platinum
Investment Insights
Based on property information with market context.
Built in 2022, this fourplex contains four residential units with durable interior finishes and private outdoor areas. Every unit includes granite countertops and a one-car garage, while residents are responsible for all utilities. The property also operates without an HOA, and property management is available for a transition to a new owner.
The asset is situated within NEISD and offers access to I-35, 1604, 410, and 281. Three units are currently available, with the option to purchase them individually or as part of a package. The property is also offered as part of a three-fourplex portfolio.
The asset is situated within NEISD and offers access to I-35, 1604, 410, and 281. Three units are currently available, with the option to purchase them individually or as part of a package. The property is also offered as part of a three-fourplex portfolio.
Key Highlights
- 2022‑built fourplex with four residential units
- Each unit includes granite countertops, a private yard, and a one‑car garage
- Tenants pay all utilities
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$56,399
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,127,980
$1.1M
Cap Rate 7%
$805,700
$805.7K
Cap Rate 9%
$626,656
$626.7K
Market Conditions
NOI Build-Up for 4,900 SF
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.
Gross rent
$85.3K $17.40/SF
− Vacancy
−$4.7K −$0.96/SF
EGI
$80.6K $16.44/SF
− OpEx
−$24.2K −$4.93/SF
NOI
$56.4K $11.51/SF
Area
San Antonio, TX
Vacancy
5.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,127,980
Cap Rate 7%
$805,700
Cap Rate 9%
$626,656
Alternative Uses
Best Use
Multifamily LT 5
$805.7K
$705.0K – $940.0K
NOI $56,399 @ 7.0% cap · market cap 8.07%
Second Best
Apartment 5plus
$715.0K
$625.7K – $834.2K
NOI $50,053 @ 7.0% cap · market cap 7.16%
Theoretical Best
Office A
$1.25M
$1.09M – $1.46M
NOI $87,493 @ 7.0% cap · market cap 12.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
245
Businesses Nearby
Explore this area
Business Placement
Demographics for 78239, TX
31,554
Population
10,639
Households
3
Avg Household Size
38
Median Age
27%
College-Educated
90%
High-School Grad
6.4 sq mi
ZIP Area
4,930
Density / Sq Mi
$71,455
Median Household Income
$36,235
Median Earnings
$1,401
Median Rent
$215,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence includes granite counters, a private yard, and a one-car garage.
Where is this quadplex located?
The property is located at 6906 Crestway Rd San Antonio, TX.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 2022‑built fourplex with four residential units; Each unit includes granite countertops, a private yard, and a one‑car garage; Tenants pay all utilities
