Merida Apartments
$1,030,000
222 Merida Street, San Antonio, TX 78207
8,000 sqft
Building Size
10
Units
Details:
Description:
The Go-Getters Multifamily Team is excited to present the exclusive listing of Merida Apartments, a 10-unit property located just 10 minutes from downtown San Antonio, TX. This property has undergone significant renovations over the past few years and currently offers an attractive 8%+ yield from day one, with additional opportunities for short-term improvements to further enhance returns.
Centrally located within one of the largest metro areas in Texas, this property is situated off Interstate 10, surrounded by prominent retailers and employers. Over the past decade, San Antonio has seen significant job growth, driven by its strategic location, pro-business environment, and diverse industries. From healthcare to technology, manufacturing to military, San Antonio provides abundant career opportunities for professionals at all levels. Key employers in the area include University Health System, USAA, H-E-B, Valero Energy, and San Antonio International Airport.
Going-In Cap Rate Exceeds 8%
Prime Location just 10 minutes from Downtown
Potential for Short-Term Upside
Documents:
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| 222_Merida_Street_Offering_Memorandum |
Location
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