Canterbury Apartments — Sale in San Antonio, TX

  • Price: $4.6M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: San Antonio, TX 78228
  • Size: 21,560 SF
  • Year built: 2023

Investment Figures

Cap rate
6.50%
Price per square foot
$213
Price per unit
$164,286 across 28 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

An easy-care investment opportunity you can't miss Savvy buyers need look no further than this exciting investment opportunity nestled in the beating heart of San Antonio. This new multi-family development is a must-see for anyone wanting to bolster their portfolio with a low-maintenance addition. The 28 units all showcase 760 sq.ft. layouts with two good-sized bedrooms and one bathroom, plus open-plan and light-filled living spaces ready for modern lifestyles. There are two different floorplans on offer, both with well-equipped kitchens that feature ample storage and quality appliances. There is parking in the center of the development and there will be a professional on-site manager, for peace of mind. All of this and you're also treated to a central location with easy access to everything future tenants could need. Restaurants, schools and doctor offices are all close by, along with shops. Email all offers to fvolkmer@kw.com, Please use Alamo Title / Selina Garza @ 3512 PAESANOS PKWY STE. 301, San Antonio TX 78231. Please see additional information for offer instructions. Building SF: 21560 | Land Size: 37461.0 SF | Year Built: 2023 | Listing Type: FOR SALE

Market Context

This multifamily in San Antonio, TX is listed for sale at $4,600,000 across 21,560 SF. It is offered at an approximate 6.5% capitalization rate, a key benchmark for income-producing multifamily assets. The building dates to 2023. It has been on the market for 70 days. Compare it against other multifamily listings for sale in San Antonio, TX — view the full market.

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