2311 PINN RD, SAN ANTONIO, TX 78227

Homes for sale in San Antonio.

Homes for sale in 78227.


Status of the property has changed, please contact for details

List Price$2,895,000

2311 Pinn Rd

San Antonio, TX 78227

Listing Image Listing Image

Listing #1748466

Commercial

Type

About This Property

A 60-unit apartment complex is currently available for a 1031 Exchange. This property boasts a recently installed roof, updated windows, and improved exterior elements Each apartment has been renovated to include new countertops, ceramic tiles, LED light fixtures, and private patios. Financing is facilitated through Freddie Mac, offering an assumable loan with a fixed APR of 4.50% for 10 years (with 6-7 years remaining) and decreasing prepayment penalties over time. The property maintains consistently low vacancy rates: 3.59% in 2023, 3.10% in 2022, and 2.98% in 2021. Please note that there are separate meters for the electric. Proforma- 1 beds. $775 to $795 2 beds. $895 to $945. The market rate totals come to $44,720, divided by the total square footage of 27,720. This yields a market price of $1.66 per square foot.

Seller's Representative

Copernicus Realty

Property Features

Interior Features

Heating

Window Unit

Cooling

Window

Exterior Features

Construction

Wood, Stucco

Zoning

R6

Roof

Composition

Loading Facilities

None

Utilities

Electricity, Gas, Water, Telephone, Sewer

Additional Information

Property Type

COM

Similar Listings

Schools

Walk Score

Real Estate IDX Powered by iHomefinder