About 2311 Pinn Rd
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 5.40% 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
Features of 2311 Pinn Rd
| MLS® # | 1748466 |
|---|---|
| Price | $3,550,000 |
| Acres | 0.00 |
| Year Built | 1976 |
| Type | Commercial |
| Sub-Type | Apartments |
| Status | Active |
Community Information
| Address | 2311 Pinn Rd |
|---|---|
| Area | 0700 |
| City | San Antonio |
| County | Bexar |
| State | TX |
| Zip Code | 78227 |
Amenities
| Utilities | Electricity, Gas, Telephone, Sewer, Water |
|---|---|
| Parking Spaces | 80 |
Interior
| Heating | Window Unit |
|---|---|
| Cooling | Window |
| # of Stories | 0.0 |
Exterior
| Roof | Composition |
|---|---|
| Construction | Stucco, Wood |
School Information
| District | Northside |
|---|
Additional Information
| Date Listed | February 1st, 2024 |
|---|---|
| Days on Market | 86 |
| Zoning | R6 |
| Short Sale | No |
Listing Details
| Office | Copernicus Realty |
|---|