52 Units apartment complex built in 1989. TYPICALLY 90% + OCCUPIED EXTRA 0.731 acres For Expansion may be purchased separately Property is family oriented, having four two-bedroom units and forty-eight three- bedroom units, with all the three bedroom units having washer/dryer connections. This adds to the stability of the tenant base and reduces turnover and costly make ready expense.
Size Upon Req.$1,500,000
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.
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
Marcus & Millichap is pleased to exclusively offer The Hills Townhomes, a 17-unit, 3-building multifamily asset constructed in 1982. The current rents are as much as $0.20/sf below comparable rents, presenting the potential to increase annual gross rents by almost 30%. The Hills is metered individually for utilities, and owners pay only common electric and common water for the pool and irrigation. Additionally, units were constructed as condos so conversion is an alternate exit strategy. The Hills Townhomes feature stucco exteriors, and the pitched composition shingle roofs were replaced in 2000. There are (12) 2 bedroom/1.5 bath units that are approximately 1,070 square feet, and (5) 2-bedroom/2.5 baths units that are approximately 1,100 square feet. Interior amenities include a full appliance package with dishwasher and microwave, fireplaces and wet bars. Flooring is finished with a mix of vinyl tile and carpeting. Units have ample storage and fenced-in patios with sliding-glass doors. Common amenities include an intimate swimming pool and plentiful green space with mature trees and ample parking.
HUB Zone 55 Parking Spaces Approx. .75 AC (32,456 SF) Approx. 25,000 SF of buildings Zoning 4 Parcels C2-H 1 Parcel MF 33-H
5,776 SFPrice Upon Req.
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.
Great 5 unit rental in Historic Government Hill. Priced to sell as-is. Deferred maintenance likely but new property manager is making repairs daily. Agent and owner are not familiar with property. No showings until agreed upon contract.
Great duplex with large lot on Commerce. Keep it as a duplex with renter or change it for commercial use. Currently zoned AE-1 = Arts and Entertainment. Priced to sell as-is. Deferred maintenance likely. Handyman special! Agent and owner are not familiar with property. No showings until agreed upon contract.
- Can be purchased all cash OR assuming the existing loan -Tremendous value-add upside; Crestwood and Whitewood have already proven $50 rent bumps are achievable with a light interior upgrade package on select units -Market comparables have shown $75-100 rent bumps are achievable with further upgrades -Existing upgrades include: faux hardwood/laminate floors, counter top resurface, new cabinets and new tub surrounds -Potential upgrades include: contemporary black appliances, brush nickel lighting and plumbing fixtures, two toned paint and 2-inch faux wood blinds -Upgrading the remaining units could yield new owner over $167,000 in additional income annually -Owner has spent significant dollars on both properties' exteriors; recent capital improvements include: replacing all siding with Hardi plank, painting exterior, balcony replacements, carport reenforced and raised to accommodate larger vehicles, newer water heaters, plastering pools and asphalt work -Owner in process of phasing out chiller system on Whitewood and replacing with new, individual HVAC units -Onsite washer and dryer units are owned by the property, no coin-machine lease needed
15,263 SFPrice Upon Req.
Visit the 'OFFERING EXECUTIVE SUMMARY' via the link above to execute the Confidentiality Agreement and view the Offering Memorandum. Historic bank building completely renovated for retail or office use. Top floor has a contemporary residential loft complete with a roof deck.