$6,250,000
SqFt
1.85 Acre Lot
80,760 Sqft Lot
Price Type
Status Active
Property Type Apts/retail/strip/busprk
Year Built 2020
Days on Website 93

Property Map

$6,250,000 – 4847 Brandeis St, San Antonio, TX 78249

Street View

Courtesy of Barrientos Properties, Rodney Barrientos {attribution_contact}

Description

Cristabel Court Residences is a well maintained Thirty-One Unit Apartment Complex that is located near the IH-10 West/ Loop 1604 Corridor. This complex boasts 5 Apartment Buildings on approximately 1.85 ACRES…..4 of these buildings were completed in July of 2020 (eight 3 BR/2 BA and seventeen 2 BR/2 BA’s.) and One was built in 1995 ( Four 2 BR/2 BAs, One 1 BR/1 BA & One 2 BR/ 1 BA. The property has consistently maintained a 95% to 100% occupancy rate the last three years. Value-add opportunities through Rent Growth, Pro Rata Share of Water Utility, Washer/Dryer Income & Covered Parking. . There are two fully-furnished short term rentals that are leased both on Airbnb/VRBO—- two additional short term rentals have been approved by the City of San Antonio. The Water utility is also currently included with the rent…..potential to chargeback water and common area electricity(approx. 25-30k/yr) to the tenants at renewal phase. Located within 5 minutes from The South Texas Medical Center, La Cantera Mall, The Rim Shopping Center, Fiesta Texas, UTSA, USAA, Valero, The Texas Hill Country and many other major San Antonio destinations.

Property Details and Features

Listing

  • Listing date: 2024-01-25 06:00:00
  • 93 days on market
  • 205 cumulative days on market
  • $182 per square foot

Location

  • County: Bexar
  • Area: 0500

Building

  • Built in 2020
  • Approximate age: 4
  • Building/center name: CRISTABEL COURT RESIDENCE
  • Wood
  • Brick
  • Stucco
  • 34,416 square feet
  • 2 stories
  • 5 buildings

Foundation

  • Slab

Roof

  • Composition

Amenities

  • Exterior Lighting
  • Security System
  • High Speed INternet
  • Fire Sprinkler System
  • Inside Storage
  • Outside Storage
  • Living Area
  • Security Fence

Interior Features

  • Ceiling height: 9

Cooling

  • Central

Heating

  • Central

Lot

  • Lot size: 1.854

Property

  • Zoning: MF-33

Schools

  • School district: Northside

Miscellaneous

  • Gross income: 542629.00
  • Net operating income: $337,412
  • Net leasable area: 34416
  • Monthly lease: $0
  • None
  • Actual
  • None
  • No
  • Deed
  • 31 rentals
  • 68 parking spaces
  • 31 units
  • Other expense: 78900.00
  • Other tax: 0.00

Taxes

  • Total tax: $0
  • Annual tax: $126,317
  • City tax: $0
  • County tax: $0
  • $0 school tax
  • Property Tax ID: 161500140350

Utilities

  • Gas utility supplier: CPS
  • Electric utility supplier: CPS
  • Garbage utility supplier: City
  • Water utility supplier: SAWS
  • Sewer utility supplier: SAWS
  • Other utility supplier: Spectrum
  • Electricity
  • Water
  • Telephone
  • Sewer
  • Cable TV

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