$1,400,000
24
Units
Property Type
Two Story
Status
Active
Price Type
Distressed
Year Built
1972
Neighborhood
Unknown
Days on Website
227
Property Map
$1,400,000 – 347 Ware Blvd, San Antonio, TX 78221
Street View
Courtesy of eXp Realty, Todd Spears {attribution_contact}
Description
Property is 24 units each are 1 bedroom/1 bath/575 sqft. The value add for this facility is the lot being over 1 acre and only 1/2 of it being used. The zoning is MF-33, so 9 more units can be built in the open land. The property rents are under market at this point and could be increased with minimal upgrades.
Property Details and Features
Miscellaneous
- Unit 5 rent: $650
- Net operating income: $47,584
- Unit 1 rent: $650
- Unit 2 rent: $650
- Unit 3 rent: $650
- Unit 4 rent: $650
- Unit 6 rent: $650
- Unit 7 rent: $650
- Unit 8 rent: $650
- 0% vacancy rate
- Annual operating expense: $104,521
- Gross annual income: $152,105
- Corporate Owned
- Taxes
- Insurance
- Maintenance
- Management
- Services
Listing
- 136 cumulative days on market
- 136 days on market
- Listing date: 2023-09-17 05:00:00
- Price per square foot: $101
Location
- County: Bexar
- Subdivision: Unknown
Bedrooms
- 1 bedroom in unit 1
- 1 bedroom in unit 2
- 1 bedroom in unit 3
- 1 bedroom in unit 4
- 1 bedroom in unit 5
- 1 bedroom in unit 6
- 1 bedroom in unit 7
- 1 bedroom in unit 8
Bathrooms
- 1 full bathroom in unit 1
- 1 full bathroom in unit 2
- 1 full bathroom in unit 3
- 1 full bathroom in unit 4
- 1 full bathroom in unit 5
- 1 full bathroom in unit 6
- 1 full bathroom in unit 7
- 1 full bathroom in unit 8
Accessibility Features
- Unit 1 disability access: Yes
- Unit 2 disability access: Yes
- Unit 3 disability access: Yes
- Unit 4 disability access: Yes
- Unit 5 disability access: Yes
- Unit 6 disability access: Yes
- Unit 7 disability access: Yes
- Unit 8 disability access: Yes
Building
- 13,800 square feet
- 24 total units
- Approximate age: 51 years
- Built in 1972
- Builder: Unknown
- Oven/Stove
- Refrigerator
- Window Coverings
- Oven/Stove
- Refrigerator
- Window Coverings
- Oven/Stove
- Refrigerator
- Window Coverings
- Oven/Stove
- Refrigerator
- Window Coverings
- Oven/Stove
- Refrigerator
- Window Coverings
- Oven/Stove
- Refrigerator
- Window Coverings
- Oven/Stove
- Refrigerator
- Window Coverings
Exterior Features
- Mature Trees
- Siding
Floors
- Carpeting
- Vinyl
- Laminate
Foundation
- Slab
Roof
- Flat
Parking
- 1 parking space for unit 1
- Unit 1 parking type: Pad
- 1 parking space for unit 2
- Unit 2 parking type: Pad
- 1 parking space for unit 3
- 1 parking space for unit 4
- Unit 4 parking type: Pad
- 1 parking space for unit 5
- Unit 5 parking type: Pad
- 1 parking space for unit 6
- Unit 6 parking type: Pad
- 1 parking space for unit 7
- Unit 7 parking type: Pad
- 1 parking space for unit 8
- Unit 8 parking type: Pad
Lot
- Lot size: 1.039
Property
- Zoning: MF-33
Schools
- School district: Harlandale I.s.d
- Elementary school: Bellaire
- Middle school: Terrell Wells
- High school: Mccollum
Cooling
- One Window/Wall
Heating
- Natural Gas
- Floor Furnace
- 1 Unit
Utilities
- Separate Electric
- Separate Gas
- Common Water
- Gas utility supplier: CPS
- Electric utility supplier: CPS
- Garbage utility supplier: Tiger
- Water utility supplier: SAWS
- Sewer utility supplier: SAWS
Taxes
- Total tax amount: $26,348