Description
100% LEASED & well maintained Thirty-One (31) Unit Apartment Complex that is located near the IH-10 West/ Loop 1604 Corridor. This complex boasts 4 Apartment Buildings that were completed in July of 2020/ and One (1) completed in 1995. The 4 newer Buildings consists of eight 3/2's and seventeen 2/2's. The buildings have consistently maintained a 100% occupancy rate the last three (3) years with some periods with a waiting list. Value-add opportunities for rents and expenses. The original six-plex has four 2/2's and two 1/1's and was built in 1995--fully renovated in 2022. This Building also has two fully-furnished short term rentals that are leased both on Airbnb/VRBO---- two additional short term rentals have been recently approved by the City of San Antonio. The Water utility is also currently included with the rent.....potential to chargeback water and common area electricity(approx. 25-30k/yr) to the tenants at renewal phase. Located near The Rim Shopping Center, Fiesta Texas, UTSA, USAA, Valero, The Texas Hill Country and many other major San Antonio destinations!
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0BEDS
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1.85ACRES
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0BATHS
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01/2 BATHS
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34,416SQFT
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$189$/SQFT
Description
100% LEASED & well maintained Thirty-One (31) Unit Apartment Complex that is located near the IH-10 West/ Loop 1604 Corridor. This complex boasts 4 Apartment Buildings that were completed in July of 2020/ and One (1) completed in 1995. The 4 newer Buildings consists of eight 3/2's and seventeen 2/2's. The buildings have consistently maintained a 100% occupancy rate the last three (3) years with some periods with a waiting list. Value-add opportunities for rents and expenses. The original six-plex has four 2/2's and two 1/1's and was built in 1995--fully renovated in 2022. This Building also has two fully-furnished short term rentals that are leased both on Airbnb/VRBO---- two additional short term rentals have been recently approved by the City of San Antonio. The Water utility is also currently included with the rent.....potential to chargeback water and common area electricity(approx. 25-30k/yr) to the tenants at renewal phase. Located near The Rim Shopping Center, Fiesta Texas, UTSA, USAA, Valero, The Texas Hill Country and many other major San Antonio destinations!
© 2023 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Carolina Garcia Real Estate Group | Keller Williams City-View. Last updated 2023-11-28T11:33:21.45.