143 Huntington St San Antonio, TX 78207
- Residential income homes
- 2,300 SF
Current Use by Public Records
- Residential income homes
Property Details for 143 Huntington St
- Year built
- 2024
- Property size
- 2,300 SF
- Property type
- Residential income homes
Description
This exceptional investment opportunity presents a stabilized, Class A, two-unit multifamily property located at 143 Huntington St, San Antonio, Texas, 78207. Built in 2024, this property boasts a total of 2,300 square feet across two units, each with one parking space. The property sits on a 3,078.6 square foot lot and is zoned MF-33. Currently operating at 100% occupancy, the property generates a Net Operating Income (NOI) of $26,496, representing a 6.79% cap rate. Pro-forma NOI is projected at $27,456, yielding a 7.04% cap rate. The asking price is $390,000, or $195,000 per unit. This prime location offers convenient access to downtown San Antonio, a nearby H-E-B grocery store, and Interstate 10 (approximately 5 minutes away). Furthermore, the property benefits from its proximity to four different college campuses within a 10-minute drive, ensuring strong rental demand. This is a turnkey investment ideal for those seeking immediate cash flow and long-term appreciation in a thriving Texas market. The property's strong financials, combined with its desirable location and new construction status, make it a compelling investment opportunity.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Bexar
- State
- Texas
- Longitude
- -98.5282
- Latitude
- 29.4306
