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Property profile & analytics
OFF-MARKET
Garden apartment buildings
2819 Military Dr San Antonio, TX 78223-4112
Entity Owned
4-yr Hold
Free & Clear
Property ID
US82-1045701
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1969
Total area
2,862 SF
Lot
8.48 ac (369,389 SF)
APN
10979-000-0020
UPID
US82-1045701
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Southway Ford Pre-Owned Center Car Dealership
-
Cielo Hills Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cielo Hills LLC · 4 yrs held
Cielo Hills LLC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs San Antonio submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Antonio submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$181,351
Tax year 2023
Assessed value
$7,275,000
Assessed 2023
Previous assessed
$7,275,000
+0.0% YoY
Effective rate
2.49%
On assessed value
Assessed land
$2,127,680
Assessed improvement
$5,147,320
Land market value
$2,127,680
Improvement market value
$5,147,320
Total market value
$7,275,000
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1969
Heating
CENTRAL
Cooling
YES
Buildings
9
Stories
1
Total area
2,862 SF
Lot
8.48 ac (369,389 SF)
APN
10979-000-0020
UPID
US82-1045701
Jurisdiction
BEXAR
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1969
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
9
Lot
8.48 ac
Current owner
From public records · entity-resolved
Cielo Hills LLC
Entity
Free & Clear · 4 yrs held
Mailing address
320 LEXINGTON AVE, SAN ANTONIO, TX 78215-1913
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2022
—
Cielo Hills LLC
Cielo Hills LLC
Intrafamily Transfer
related
—
Nov 18, 2016
—
Cielo Hills LLC
—
Deed
related
$800,000 · Arbor Com'l Fndg I LLC
Jun 27, 2012
—
Cielo Hills LLC
Aristocrat Developments LLC
Warranty Deed
$2,025,000 · Arbor Commercial Funding LLC
Jan 13, 2010
—
Aristocrat Developments LLC
Ceilo Hills Sa LLC
Grant Deed
$1,645,000 · Firstmark Cu
Feb 3, 2009
—
Cielo Hills Sa LLC
Blue Michael
Trustees Deed
related
—
Oct 5, 1998
—
Ciclo Hills Apartments LLC
Morash,jason V
Grant Deed
related
—
—
—
Cielo Hills LLC
—
Deed Of Trust
related
$800,000 · Arbor Com'l Fndg I LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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