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Property profile & analytics
OFF-MARKET
Estimated value
$2,535,000
Garden apartment buildings
950 Bitters Rd, San Antonio, TX 78216-2366
Entity Owned
2-yr Hold
Free & Clear
Property ID
US82-0536337
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1979
Total area
161,694 SF
Lot
8.6 ac (374,703 SF)
APN
16032-000-0150
UPID
US82-0536337
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
-
The Canopy Apartments Apartment Building Property Management Company
-
Harper at the Park Apartment Building Apartment Complex
-
Dolly (Bike/Boat/Book/etc) Store
-
Stone Oak Apartments Apartment Complex Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.54M
Owner & transaction history
Oconee Real Estate Holdings Vii Can · 2 yrs held
Oconee Real Estate Holdings Vii Can
since 2024
5 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
$16 / SF
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
$550,914
Tax year 2023
Assessed value
$24,000,000
Assessed 2023
Previous assessed
$24,000,000
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$2,180,770
Assessed improvement
$21,819,230
Land market value
$2,180,770
Improvement market value
$21,819,230
Total market value
$24,000,000
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
1979
Heating
CENTRAL
Cooling
YES
Stories
1
Units
220
Total area
161,694 SF
Lot
8.6 ac (374,703 SF)
APN
16032-000-0150
UPID
US82-0536337
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
1979
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
220
Lot
8.6 ac
Current owner
From public records · entity-resolved
Oconee Real Estate Holdings Vii Can
Entity
Free & Clear · 2 yrs held
Mailing address
5780 POWERS FRY RD #500, ATLANTA, GA 30327-4347
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 8, 2024
$18,000,000
Oconee Real Estate Holdings Vii Can
Canopy Multifamily Holdings LLC
Trustees Deed
related
—
Feb 17, 2022
—
Canopy Multifamily Holdings LLC
Cs1031 Canopy Apartments Dst
Special Warranty Deed
$21,720,000 · Voya Investment Management LLC
Jul 29, 2016
—
Cs1031 Canopy Apartments Dst Trust
Sa Countryside Investors LLC
Grant Deed
$1,170,000 · Walker & Dunlop
Aug 15, 2012
—
Sa Countrywide Investors LLC
Countrysie Sa Holdings LLC
Special Warranty Deed
$9,730,000 · Pillar Multifamily LLC
Dec 23, 2008
—
Countryside Sa Holdings
Bel-eqr I
Grant Deed
$6,090,000 · Bank Of America
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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