Ilyayev LLC Purchases 108-Unit Multifamily Property In San Antonio For $7.46M With Basis Multifamily Finance
6300 Rue Marie Lyne Street
Building Size
—
Asset Type
MultiFamily
Closing
Jan 27, 2026
AI
The sale involved a 108-unit multifamily asset located at 6300 Rue Marie Lyne Street in San Antonio, covering an area of 5.71 acres. This property was built in 1984 and has a total square footage of 121,296. The asset was sold to Ilyayev LLC, which secured financing for the transaction.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not disclosed
- Units: 108
- Acres: 5.71
- Buyer: Ilyayev LLC
- Seller: 6300 Rue Marielyne Property Owner LLC
- Market: San Antonio
- Brokers: Benjamin Kalter, Drew Garza & Will Balthrope - Institutional Property Advisors - Marcus & Millichap
- Lender: Basis Multifamily Finance
Marcus & Millichap facilitated the sale of the Alto, marking a significant transaction in the multifamily sector for the area. The property achieved the highest per-unit price for any multifamily asset from the 1980s sold in San Antonio during the year 2025, and the buyer intends to perform light renovations on the property.
Players
San Antonio MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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