The Ascent Apartments San Antonio, TX 78201

🏢 The Ascent Apartments | 💰 $14.5M + Fee |  San Antonio, TX 78201

✨ Property Highlights

📍 Prime Location

• Centrally located in San Antonio with high rental demand.

🏠 Key Features

• Units: 154

• Year Built: 1975

• Stories: 2

🌟 Utilities Included

• 💧 Water | ⚡ Electricity | 🚮 Trash | ♻️ Sewer | ❄️ Air Conditioning

📆 Flexible Lease Options

• 3 to 15 months

🏊 On-Site Amenities

✅ Swimming Pool
✅ Laundry Facility
✅ Clubhouse
✅ Carport Parking
✅ Dog Park 🐕
✅ Online Payments 💻
✅ Professional Management 👩‍💼

📊 Investment Analysis

💲 Price Per Unit: $94,156
📐 Price Per Square Foot: $86.30 (avg. unit size ~1,091 sq ft)

💡 Property Valuation

Using the Income Approach, The Ascent Apartments demonstrates strong investment potential:

1. Potential Gross Income (PGI):

   • Monthly PGI: 154 units × $1,200 avg. rent = $184,800

   • Annual PGI: $184,800 × 12 = $2,217,600

2. Adjusted for 5% Vacancy Loss:

   • Vacancy Loss: $110,880

   • Effective Gross Income (EGI): $2,106,720

3. Operating Expenses (40% of EGI):

   • Operating Expenses: $842,688

   • Net Operating Income (NOI): $1,264,032

4. Cap Rate Valuation (5.5%):

   • Estimated Property Value: $1,264,032 ÷ 0.055 = $22,982,400

📍 Nearby Comparables

The Pointe at Babcock

• 📍 5810 Babcock Rd, San Antonio, TX 78240

• 🛌 Units: 208

• 💸 Rent Range: $899 - $1,450

The Addison Medical Center

• 📍 2810 Babcock Rd, San Antonio, TX 78229

• 💸 Rent Range: $1,125 - $1,835

📣 Call to Action

🔑 Seize this prime investment opportunity!

📞 Contact JNA Dynamic Holdings LLC: 469-949-3363
📧 Email: [email protected]
📅 Schedule a tour or request updated financials today!

💼 Office Hours:
Mon - Fri: 9:00 AM - 6:00 PM
Sat - Sun: Open by appointment

📄 View Brochure & Financials
🔗 The Ascent Apartments Website

Financials available with verified POF and LOI

📍 Location: San Antonio, TX 78201

✨ Don’t miss out on this cash-flowing multifamily investment! 📈