4 Lots with total of 5 units...generates $1700 a month.....is Zoned C2 & MFU
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 10.5% is pro-forma with the third floor units leased. Actual NOI in the last 12 months is $11,307.26.
Marcus & Millichap is pleased to exclusively offer 1608 and 1614 Wycombe Street, in north San Antonio. The two properties contain ten total units, and must be sold together. With an exit strategy based on a five-year hold, this investment presents the opportunity to increase NOI by 20%, and offers the potential to achieve a 15% cash-on-cash return and a 19% IRR. The units are consistently at 100% occupancy. Built in 1981, the properties are metered individually for electricity and owners pay only common electric and water. The assets are wood-frame construction with brick and Hardi exteriors, slab foundations and pitched composition-shingle roofs. There are (6) 2 bedroom/1 bath units that are approximately 970 sf each, and (4) 2 bedroom/1½ bath units that are approximately 1,080 sf each, for a total of 10,140 square feet. Interior amenities include a full appliance package with dishwashers, fireplaces, private yards or balconies, and washer/dryer hook-ups in every unit. Flooring is finished with a mix of vinyl tile and carpeting. Ample parking is provided with more than two spaces per unit.
CASH FLOW DUPLEX*INVESTOR'S DREAM 2 UNITS OCCUPIED LONG STANDING TENANTS 5/18 YRS*SOLID INCOME PRODUCING PROPERTY*PRICED RIGHT**TURN-KEY ON THIS DUPLEX FOR EASY CASH FLOW & EQUITY*VERY LOW MAINTENANCE*EASY TO RENT W/FUTURE TENANT WAIT LIST*SEPARATE CPS UTILITIES*PROVIDE POF/PRE QUAL LTR*SERIOUS BUYER'S ONLY*NO REPAIRS NEEDED*LG.BACKYARD
123 Unit Complex 16 Buildings 8.5 Acre Site 1 bedroom / 1 bath - 18 units 2 bedroom / 1 bath - 65 units 3 bedroom / 1.5 bath - 40 units
Serna Apartments are a 24 unit mobile home park located on 12 spaces in the North East Submarket in San Antonio, Texas. The property is 12 mobile homes on 12 spaces, but operates much more like a conventional apartment complex with 24 rentable units. The property' s profile meets current demand for work force tenant housing in the area. Given the location within the North East Independant School District, Serna Apartment can attract small families looking for their children to attend the school district. The asset is within walking Distance to Krueger Middle School and is a short drive to East Terrel Hills Elementary. Unit types: 450 SF, 1 bed 1 bath Unit Rents: $399/month Annual Operating Expenses: $40,154.88 Pro-Forma Annual Income (85% Occupancy): $97,675.20
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.
$648,000Size Upon Req.
2.06 acres - 3 lots make up City View Mobile Home and RV Park. 3.5 mobile homes and 11 RVs and room for many more!
Great development opportunity, 150 of frontage on the San Antonio River Walk Mission Reach section and 227 along Southcross.