Looking for Commercial Multi-Family Broker in San Antonio

[Jameson Wildwood]

Hi
I’m looking for an Commercial Multi-Family Investment Real Estate broker. I’m looking for someone that has expertise in the multi-family market of San Antonio and can help me find a 20-40 unit property in the Leon Valley, Medical Center, Shavano Park, UTSA corridor. The target property would be a long term cash flow property with a cap rate of 9% or better, and will cash flow about 20% cash on cash invested.
So my question is what experience do you have in the multi-family market in these areas and are you looking for new clients? If this is not you, can you make any referrals to a broker in this area who would fulfill this?

Thanks!
feel free to email
[email protected]
or call 415-690-8565

[Chris Soignier]

Good luck finding a MF in SA w/ those kinds of returns, esp. if you need to hire property management.   9% cap rates aren't impossible to find on a pro forma basis, but the pickings are very think for cap rates @ 9% based on actuals.