Kent Yao Sells 20-Unit Multifamily Asset At 512-516 E Quincy St San Antonio
516 East Quincy Street
Building Size
10,817 SF
Asset Type
MultiFamily
Closing
Oct 30, 2025
AI
The property involved in the transaction is a multifamily asset located at 512 - 516 E Quincy St, situated in the San Antonio market. It comprises 20 units and offers a total square footage of 10,817. The asset was sold as part of a closed transaction.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not disclosed
- Units: 20
- Square Footage: 10,817
- Address: 512 - 516 E Quincy St
- Market: San Antonio
- Seller: Kent Yao
- Brokers: Ben Kalter & Drew Garza - Institutional Property Advisors - Marcus & Millichap
Key individuals involved in this transaction include the seller, Kent Yao, who facilitated the sale through the brokerage team of Ben Kalter and Drew Garza representing the buyer in the process. The brokerage firm is affiliated with Institutional Property Advisors and Marcus & Millichap, highlighting the expertise involved in this multifamily property transaction.
Players
San Antonio MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93