653 Delgado St, San Antonio, TX 78207-1710
- Garden apartment buildings
- 2,136 SF
- 0.37 lot acres
Current Use by Public Records
- Delgado Loftz / Apartment Complex
Property Details for 653 Delgado St
- Year built
- 1940
- Lot size
- 0.37 lot acres
- Property type
- Garden apartment buildings
- APN
- 02150-001-0030
- APU
- 21500010030
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 25, 2020 | — | Delgado Loftz LLC | Emerge Dev Group LLC | Grant Deed | $720k · Corevest American Fin Lender L |
| Sep 21, 2017 | — | Emerge Dev Group LLC | Noble Cap Svcng LLC | Warranty Deed | $800k · Noble Cap Svcng |
| Feb 17, 2017 | $100,000 | Noble Cap Svcng LLC | Ray Deanna|hayslett Trust | Trustees Deed | — |
| Feb 16, 2017 | $100,000 | Noble Cap Svcng LLC | Ray Deanna|hayslett Trust | Trustees Deed · related | — |
| Dec 22, 2015 | — | Hayslett,land Trust | — | Trustees Deed · related | $102k · Dena M Frenzel |
| Dec 21, 2015 | — | Hayslett Trust | — | Trustees Deed · related | $400k · Noble Cap Svcng |
| Aug 3, 2015 | — | Hayslett,land Trust | Lopez,vicente A V | Warranty Deed | $120k · Carmen G Barbosa Family LP |
| Apr 5, 2006 | — | Vicente A V Lopez | Gonzales,esteban & Margarita | Warranty Deed | — |
| — | — | Hayslett,land Trust | — | Deed Of Trust · related | $17k · Armando Barbosa |
Description
This exceptional Class A, 12-unit apartment building, known as Delgado Lofts, presents a compelling investment opportunity in the vibrant San Antonio, Texas market. Built in 2018, this turnkey property boasts 5,760 square feet of net rentable space and is currently 100% occupied, generating a strong net operating income (NOI) of $103,232, translating to a 6.45% capitalization rate. Each of the 12 units offers a unique "tiny home" style living experience, minimizing landlord responsibilities and maximizing efficiency. Located at 653 Delgado St, San Antonio, TX 78207, this property benefits from its proximity to downtown San Antonio, within Bexar County. The asking price is $1,600,000, representing a price per unit of $133,333.33. This property offers immediate cash flow potential and is situated in the seventh largest city in the United States and the second largest in Texas, providing a stable and growing market for rental income. The property's 2018 construction ensures modern amenities and minimal maintenance needs. This is a rare opportunity to acquire a high-performing, low-maintenance multifamily asset in a prime location. APN: 02150-001-0030.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Bexar
- State
- Texas
- Longitude
- -98.514
- Latitude
- 29.4378
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA
