926/930 Drury Lane, San Antonio, TX 78221

Description

926/930 Drury Lane is a stabilized 8-unit apartment community situated on approximately 0.32 acres in San Antonio, TX 78221, offered at an attractive 6.5 cap rate. The property consists of two well-maintained buildings built in 2006, featuring exclusively 2-bedroom/1-bathroom units with approximately 816 square feet per unit and 6,528 square feet of total rentable area. The asset is in exceptional condition, featuring a brand-new Owens Corning algae-resistant laminate architectural composite shingle roof (September 2025), new water heaters in select units, a freshly painted exterior (September 2025), and professionally xeriscaped grounds requiring virtually zero lawn maintenance. Each unit is separately metered for electric and water and includes an individual central HVAC system. Strategically located minutes from Lackland AFB, Port San Antonio, Palo Alto College, and Texas A&M San Antonio, the property benefits from strong, diverse rental demand within one of San Antonio's most active employment corridors.