2.2 ACRES LAND WITH 3 BEDROOM EXISTING HOUSE IN MEDICAL CENTER AVAILABLE FOR SALE. HOUSE IS NOT IN A LIVING CONDITION. PERFECT PROJECT AS AN INVESTMENT PROJECT OR REDEVELOPMENT OPPORTUNITY. ZONED COMMERCIAL AND OFFICE. ENJOY AS YOUR PRIMARY RESIDENCE OR BUILD BEHIND PROPERTY AND CONVERT THIS HOUSE TO COMMERCIAL BUILDING. USES ARE ENDLESS. MEDICAL, LAWYERS, ENGINEERS, NURSE-MIDWIFERY PRACTICE, OFFICE, MULTI-FAMILY/STUDENT HOUSING. PRICED TO SELL AT $6.50 PSF.
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.
Marcus & Millichap is pleased to exclusively offer the Woodlake Village Apartments in San Antonio, Texas. This 51-unit, community is conveniently situated on the northeast side of the city, east of Loop 410 and north of I-10, and includes two additional acres to develop another 48 units. By stabilizing occupancy and operating expenses, Woodlake Village offers a potential 9.7% cap and 21% cash-on-cash; rents are about $0.07/sf below market. Based on a five-year hold, the potential exists to more than triple NOI and achieve returns of 27% cash-on-cash and over 32% IRR. Woodlake Village is primarily finished in stucco and has a mix of pitched and flat roofs. All units in this gated community feature central heat and AC. The asset consists of (13) one-bed/one-bath units that are 745+/- sf and (38) two-bed/two-bath units ranging from 967 to 1,364 sf, for a total of 50,326 sf. In 2014 the property received over $70,000 in upgrades including new roofs. Units are individually-metered for utilities, and some common utilities are reimbursed by tenants..
Fantastic 4 Plex, located in the bustling Midtown neighborhood of Alta Vista always occupied. 3 tenants renewed leases APR15 & the 4th is MTM since 10/14. Identical 800 sqft. large 1 bedroom, 1 bath units. Central AC separates this property form many other rentals in the neighborhood. In the heat of Texas many prospective tenants call & when they hear window air they politely get off the phone. As a property owner you want your property to have rental advantages over your competitor' s property. The owner advantages continue with off street parking. In downtown San Antonio parking is limited & this property has a 4 car carport. Unit interiors have beautifully maintained hardwood floors, ceiling fans in living areas. Vintage kitchens, baths & original built-in curio shelves are just too cute, hard for the true urbanite tenant to walk away from. Top that off with patios off the living rooms & all these owner advantages keep this property filled with great higher end tenants. This is a fantastic opportunity for the owner occupied buyer who has yearned to be part of the SA' s Midtown experience. Live in one unit, pay the rent from the others units and play in downtown San Antonio.
4 Lots with total of 5 units...generates $1700 a month.....is Zoned C2 & MFU
New construction 4-Plex. Great location, close to two military bases for strong rental demand. Fully rent ready. Each unit includes: " 1225 Sq. Feet " 3 Bedrooms " 2 ½ Bath " Concrete stained bottom floor " Granite kitchen counter-top " All black appliances to include electric stove, dishwasher, refrigerator and microwave vent-a-hood unit " Tray ceiling w/ crown molding in living room " Ceiling fans in master bedroom and living room " Ceramic tiled 2nd story bathrooms and ceramic tile surround in both showers " 1 car garage " Full size washer/dryer hook-ups located in garage " Wooden privacy fenced backyard w/ small patio
2,644 Square foot duplex, large main unit with a small upstairs one bedroom unit in the back.
Price Upon Req.13,300 SF
Chelsea Place is a 20 unit apartment complex located in North Central San Antonio. This asset represents a rare opportunity to acquire a property with solid in place income and a value-add component in this busy part of San Antonio. Chelsea has desirable one bedroom plans, covered parking spaces, intimate courtyard, separate electric meters, and coin operated laundry.
Turn Key Opportunity for Investors! Fully Occupied 2 Buildings w/ 4 Units Total - New Construction and rezoned for MF-25. Excellent layout makes it easy for tenants to enter and exit property and low maintenance means easy cash flow for years to come. Call today to set a time to preview the property.
Price Upon Req.49,284 SF
Cushman & Wakefield|San Antonio Commercial Advisors is pleased to announce the exclusive marketing of Arbor Grove, a boutique investment opportunity in North Central San Antonio. Arbor Grove is a warm retreat in the middle of San Antonio' s busy north side. It features 52 apartments with double pane windows, covered parking spaces and updated finishes. The property has strong in place income and is well maintained. This is an opportunity for a discerning investor to acquire a pride of ownership asset with great upside potential.