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Property profile & analytics
OFF-MARKET
Garden apartment buildings
5470 Military Dr, San Antonio, TX 78242-1246
Trust Owned
1-yr Hold
~
Est. High Equity
Property ID
US82-3291812
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1986
Total area
2,368 SF
Lot
14.04 ac (611,582 SF)
APN
15286-022-0190
UPID
US82-3291812
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
-
Cricket Residential Electricians | San Antonio Electrical Service General Contractor
-
Ernie Hair Salon
-
Parkvista Apartments Real Estate Agency
-
World Grafick (Signs, Stickers) Production Facility
-
ShipPool Swimming Pool Gym & Fitness Center
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
Wilmington Trust National Associati · 1 yrs held
Wilmington Trust National Associati
since 2025
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
$807,094
Tax year 2023
Assessed value
$32,900,000
Assessed 2023
Previous assessed
$32,900,000
+0.0% YoY
Effective rate
2.45%
On assessed value
Assessed land
$1,743,010
Assessed improvement
$31,156,990
Land market value
$1,743,010
Improvement market value
$31,156,990
Total market value
$32,900,000
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
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
1986
Heating
CENTRAL
Cooling
YES
Buildings
4
Stories
1
Total area
2,368 SF
Lot
14.04 ac (611,582 SF)
APN
15286-022-0190
UPID
US82-3291812
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
1986
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
4
Lot
14.04 ac
Current owner
From public records · entity-resolved
Wilmington Trust National Associati
Trust
Mailing address
400 BLVD OF AMERICAS UNIT #404, LAKEWOOD, NJ 08701-4787
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2025
$20,000,000
Wilmington Trust National Associati
Sep Park Vista LLC
Trust Deed
related
—
Aug 17, 2021
—
Wl Parkvista LLC
Wl Parkvista LLC
Intrafamily Transfer
related
$26,800,000 · Greystone Servicing Company LLC
Apr 11, 2019
—
Wl Parkvista LLC
—
Deed
related
$2,880,000 · Greystone Svcng Corp
Feb 12, 2018
—
Wl Sat Ortfolio Parent LLC
Omninet Avion LP
Sheriffs Deed
related
—
Mar 3, 2014
—
Omninet Avion LP
Road Bay Investments LLC
Grant Deed
$9,500,000 · Bank Of America
Sep 6, 2011
$8,100,000
Road Bay Investments LLC
Kelkar,mugdha S
Trustees Deed
related
—
Sep 17, 2002
—
Merced - Suncrest LLC
Suncrest Associates LP
Quit Claim Deed
related
$13,150,000 · Housing Finance Corp Bexar Cou
—
—
Wl Parkvista LLC
—
Deed Of Trust
related
$2,880,000 · Greystone Svcng Corp
—
—
Omninet Avion LP
—
Deed Of Trust
related
$13,565,000 · Greystone Svcg
—
—
Merced-suncrest LLC
—
Deed Of Trust
related
$14,200,000 · Bexar County Hsng Fin Corp
—
—
Merced-suncrest LLC
—
Deed Of Trust
related
$763,311 · Raymond James & Associates INC
—
—
Merced-suncrest LLC
—
Deed Of Trust
related
$150,000 · San Antonio City (tx)
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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