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Updated about 9 hours ago on .

User Stats

29
Posts
7
Votes
Brett Merrell
  • Bountiful, UT
7
Votes |
29
Posts

A couple of questions on the San Antonio market

Brett Merrell
  • Bountiful, UT
Posted

I am looking at buying relatively new (2020+) multifamily (duplex/fourplex) in San Antonio.  I don't know the market well.  Can you give me insights into the following questions:

1) What areas are growing in SA?  What area would be best for investing in duplex/fourplex properties?

2) Is SA overbuilt?   Has the market absorbed the '23-'24 new construction?

3) What is the vacancy in SA?  I see a wide variety of data re SA vacancies.  Some say SA has one of the highest vacancy rates in the U.S., others say SA is 6-7% vacancy?

4) How do duplex/fourplex compare to apartments in SA?  Do they generate higher rent rates than apartments?

5) Any multifamily builders you suggest in SA...any to avoid?  One of the factors that draws me to SA is that many builders offer financing of 3.5-4.0%  The rates are great but I also want to get a well built property

Thank you for your input.