Multifamily
For Sale
$174,900
9013 Garnett Ave, San Antonio, TX 78221
Central air and electric service are among the property’s listed interior features.
Property Size1,560 SF
Price / SF$112.12
Days on Market22
Property Features for 9013 Garnett Ave
General Information
Standard status
Active
Size
1,560 SF
Property subtype
Residential Income
Net Operating Income
$24,000
Taxes and HOA fees
Annual Taxes
$5,369
Amenities
Central Air
Electric, Central
Building Details
Building Size
1,560 SF
Year Built
1981
Stories
2
Listed By:
Preston Castillo
(210) 818-0419
Source:
Evrealestate
Added: Sep 29
Changed: Oct 9
Last Checked: Oct 19 at 4:04AM
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 Preston Castillo
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Investment Insights
Based on property information with market context.
This multifamily property at 9013 Garnett Ave in San Antonio was built in 1981 and contains 1,560 square feet. Listed interior features include central air and electric, central systems.
Key Highlights
- 1,560 square feet of property space
- Built in 1981
- Interior features include central air and electric, central systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,935
Cap Rate
9.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,700
$318.7K
Cap Rate 7%
$227,643
$227.6K
Cap Rate 9%
$177,056
$177.1K
Market Conditions
NOI Build-Up for 1,560 SF
Gross rent
$30.9K $19.80/SF
− Vacancy
−$1.9K −$1.23/SF
EGI
$29.0K $18.57/SF
− OpEx
−$13.0K −$8.36/SF
NOI
$15.9K $10.21/SF
Area
San Antonio, TX
Vacancy
6.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,700
Cap Rate 7%
$227,643
Cap Rate 9%
$177,056
Alternative Uses
Best Use
Apartment 5plus
$227.6K
$199.2K – $265.6K
NOI $15,935 @ 7.0% cap · market cap 9.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$397.9K
$348.2K – $464.3K
NOI $27,855 @ 7.0% cap · market cap 15.93%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
228
Businesses Nearby
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Business Placement
Demographics for 78221, TX
39,779
Population
14,939
Households
2.7
Avg Household Size
35
Median Age
12%
College-Educated
74%
High-School Grad
36.3 sq mi
ZIP Area
1,096
Density / Sq Mi
$63,114
Median Household Income
$33,439
Median Earnings
$1,147
Median Rent
$157,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Central air and electric service are among the property’s listed interior features.
Where is this multifamily property located?
The property is located at 9013 Garnett Ave San Antonio, TX.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: 1,560 square feet of property space; Built in 1981; Interior features include central air and electric, central systems
