Price Upon Req.92,862 SF
Transwestern is pleased to present for purchase, as exclusive agent, the Mariposa Apartments located at 7918 Jones Maltsberger Road in San Antonio, Texas. Mariposa is a 132-unit residential community developed in 1972. Situated adjacent to Alamo Heights, San Antonio' s most affluent neighborhood, Mariposa offers a measurable value-add opportunity through continued interior unit upgrades. Mariposa was designed with five spacious floorplans ranging from 500 square foot one-bedrooms to 950 square foot two-bedrooms. The property' s average unit size is 704±. Mariposa offers numerous amenities including a sparkling swimming pool with adjacent cabana and outdoor bar, covered parking, onsite management office, laundry facility, and fully automated entry gates. The property is being offered subject to market pricing and includes the required assumption of an existing Fannie Mae first lien secured in January 2011.
Price Upon Req.5,776 SF
Two buildings, nine-units. Great Investment Opportunity! 9 units aprtment complex in downtown of San Antonio. LOCATION! LOCATION! LOCATION! Close to San Antonio College, I-10, I-35, next to Ronald McDonald House, Metropolitan Methodist Hospital Downtown, San Pedro Park.
STRONG VALUE ADD POTENTIAL: Bring 2 vacant units online and shift electric expense to tenants (meters already in place) and raise NOI to $24,000+. 3-story, 8-Unit Multifamily property. First Floor: One 1 Bedroom, Two Studios. Second Floor: One 1 Bedroom, Two Studios. Third Floor: Two small 1 Bedrooms (need repairs, lease rate $400/mo each). CAP rate at 12.34% is pro-forma after value add changes. Actual Trailing NOI in the last 12 months is $11,307.26.
4 Lots with total of 5 units...generates $1700 a month.....is Zoned C2 & MFU
Great development opportunity, 150 of frontage on the San Antonio River Walk Mission Reach section and 227 along Southcross.
$359,000Size Upon Req.
Mobile home and/or RV Community with developed spaces for 10 mobile home and 40 RV with septic, water and electric. Land will accommodate 24 mobile homes or up to 80 RV sites. Highly rated East Central ISD. Park will be cleared of current tenants by end of January 2015. Solid fence on three sides. Update to current road being considered before closing. If individually platted, anticipated sales may reach $20K to $22K per lot.
Rare 12 Units Multi-Family Investment Opportunity in one of the most Solid Markets in the country! 100% Occupied.Close to Palo Alto College, Downtown and Toyota with great access to I-35,410, 281 and 1604 south . Great workforce housing with rent upside for an owner operator or investor. Building consists of:1 one bedroom/one bath apt aprox 600 sqft, 9 two bedroom/one bath aprox 816 sqft, and 2 three bedroom/one bath apts aprox 912 sqft. Property built in 2002, cement fiber exterior on a corner lot.
$1,500,000Size Upon Req.
Property is being sold as a whole with apartments at 7414 Client Ln, 7422 Clint Ln, 7430 Client Ln,78221 across the street. Apartments are a total of 40 units. Twenty units are 1 bedroom 1 bath; twenty units are 2 bedroom 1 bath. Currently they are at 100% occupancy. No financials available.
Price Upon Req.148,060 SF
-Proven successful value-add story exists: approximately 20% of units have been upgraded and are achieving $50- 100 rent bumps depending on level of finish out -Existing upgrades include: upgraded appliances, lighting package, faux wood flooring (throughout the 1st floor units and within wet areas of 2nd floor units), brushed nickel hardware, two-toned paint, and resurfaced countertops -New owner may continue existing successful program and/or enhance with further upgrades including renovate clubhouse/amenities, add kitchen tile backsplash, enhance landscaping, etc. to achieve higher rate premiums -Value-add community in thriving north San Antonio location; large floor plans include town home-style units that are entirely unique to the market - Bexar County is achieving 4.28% year-over-year rent growth -San Antonio MSA In-migration of 43,000 between July 12 & July 13 -City of San Antonio had trailing 12 employment growth of 25,216 (USBLS, Nov 14) -San Antonio ranked #10 among Best-Performing Large Cities of 2014 , up two spots from 2013 (Milken Institute, Jan 15)