REDUCED $100K TO $1,150,000 | NW San Antonio Strip Center 100% Occupied | 8.86% Owner Manager CAP
Reduced $100K. 100% occupied. 6 units. 9,776 SF. All HVAC units replaced in past year. OWNER manager proforma: 8.86% CAP. $101,842 NOI. $41,337 Net Cash Flow. 1.68 Debt Service Coverage Ratio (DSCR). PROPERTY manager proforma: 7.78% CAP. $89,507 NOI. $29,002 1.48 DSCR. 33,715 SF hard corner lot with 23,852 daily traffic. 192 feet EST frontage. 21,500 SF parking lot. Not in flood zones. Compared to San Antonio, 10-minute drive time (essentially NW San Antonio bounded by West Loop 1604, Bandera RD and 1-410 Raymond Stotzer HWY) has higher percent: $100K+ incomes, $500K+ net worth, education status, owner occupied homes. PLUS, very low crime index. 26 Walk Score. 47 Bike Score. 4 Public Schools with at least 8 of 10 GreatSchools ratings. 3MI to West Loop 1604 at Calebra. 4.4 MI to 1604 at Bandera. 4.8 MI to I410 at Calebra.