$1,050,000
20
Units
Property Type
One Story
Status
Active Option
Price Type
Distressed
Year Built
1965
Neighborhood
Meadow Cliff
Days on Website
504
Property Map
$1,050,000 – 6654 Winkle Ct, San Antonio, TX 78227
Street View
Courtesy of Lockwood Realty Group, LLC, Luke Owens Bragg.
Description
THIS 20-UNIT PROPERTY IS 95% OCCUPIED WITH A STABILIZED TENANT PROFILE INCLUDING ACTIVE MILITARY. LOCATED JUST MINUTES FROM LACKLAND AIR FORCE BASE, PORT SAN ANTONIO AND DOWNTOWN. WHETHER YOU ARE AN INVESTOR LIVING IN A HIGH RISE IN NEW YORK OR OCEAN FRONT IN CALIFORNIA THIS PROPERTY IS PRIMED FOR VALUE AND SUCCESS AND MAKES FOR A PERFECT TURN KEY INVESTMENT.
Property Details and Features
Listing
- List price: $1,050,000
- 443 cumulative days on market
- 443 days on market
- Listing date: 2019-09-03 05:00:00
- Listing ID: 1409400
- Price per square foot: $131
Location
- County: Bexar
- Address number: 6654
- Address street: WINKLE CT
- Area: 0700
- City: San Antonio
- State: TX
- ZIP code plus: 3755
- ZIP code: 78227-3755
- Subdivision: MEADOW CLIFF
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
Property Access
- Unit 1 handicap access: Yes
- Unit 2 handicap access: Yes
- Unit 3 handicap access: Yes
- Unit 4 handicap access: Yes
- Unit 5 handicap access: Yes
- Unit 6 handicap access: Yes
- Unit 7 handicap access: Yes
- Unit 8 handicap access: Yes
- No Steps Down
House
- 8,000 square feet
- 20 total units
- Approximate age: 55 years
- Built in 1965
- Builder: Unknown
- Oven/Stove
- Refrigerator
- Oven/Stove
- Refrigerator
- Oven/Stove
- Refrigerator
- Oven/Stove
- Refrigerator
- Oven/Stove
- Refrigerator
- Oven/Stove
- Refrigerator
- Oven/Stove
- Refrigerator
Exterior Features
- Cable TV Available
- Mature Trees (ext feat)
- Siding
Floors
- Vinyl
Foundation
- Slab
Roof
- Heavy Composition
Miscellaneous
- Net operating income: $79,073
- Unit 1 rent: $710
- Unit 2 rent: $725
- Unit 3 rent: $705
- Unit 4 rent: $695
- Unit 5 rent: $695
- Unit 6 rent: $695
- Unit 7 rent: $695
- Unit 8 rent: $695
- 5% vacancy rate
- Annual operating expense: $59,627
- Gross annual income: $138,700
- Taxes
- Insurance
- Maintenance
- Management
- All Utilities
- Services
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
- Unit 3 parking type: Pad
- 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: .57
Property
- Zoning: MF-33
Schools
- School district: Northside
- Elementary school: Cable
- Middle school: Jones
- High school: John Jay
Cooling
- Window/Wall
Heating
- Electric
- Other
Utilities
- Common Water
- Common Electric
- Common Gas
- Gas utility supplier: CPS
- Electric utility supplier: CPS
- Garbage utility supplier: 3RD PRTY VND
- Water utility supplier: SAWS
- Sewer utility supplier: SAWS
Taxes
- Total tax amount: $20,192