Property Map
Street View
Courtesy of Keller Williams City-View, Federico Volkmer {attribution_contact}
Description
A not-to-be-missed investment opportunity. Discover this compelling investment option nestled in the up-and-coming San Antonio area-an ideal prospect for those looking to fortify their portfolio with a low-maintenance addition. This brand-new multi-family development is a must-see, featuring 28 units presenting 745 sq.ft. Layouts with two well-proportioned bedrooms and one bathroom. Experience contemporary living with open-plan and light-filled living spaces, perfectly tailored to modern lifestyles. Choose from two distinct floorplans offering well-equipped kitchens with ample storage and top-quality appliances. The convenience is further enhanced by central parking within the development. Additionally, relish the advantages of a central location, providing effortless access to all essential amenities for prospective tenants. Restaurants, schools, and shops are all within close proximity, adding to the allure of this easy-care investment opportunity in the up-and-coming San Antonio area. Seize the chance to enhance your portfolio with a property that combines practicality, style, and a prime location!
Property Details and Features
Listing
- Listing date: 2024-01-15 06:00:00
- 265 days on market
- 265 cumulative days on market
- $201 per square foot
Location
- County: Bexar
- Area: 1900
Building
- Apartment is 745 square feet
- Built in 1923
- Approximate age: 101
- Building/center name: SOUTHCROSS APARTMENTS
- Wood
- Stone
- Rock/Stone Veneer
- 4 Sides Masonry
- 20,860 square feet
- 3 stories
- 1 building
Foundation
- Slab
Roof
- Composition
Interior Features
- Ceiling height: 9
Cooling
- Central
- Individual Meters
Heating
- Central
- Individual Meters
Lot
- Lot size: 0.891
Property
- Zoning: MF-33
Schools
- School district: San Antonio I.S.D.
Miscellaneous
- Gross income: 412608.00
- Net operating income: $279,184
- Monthly lease: $1,100
- Insurance: 9240.00
- None
- Forecast
- None
- No
- None
- Maintenance: 15120.00
- 28 rentals
- 46 parking spaces
- 28 units
- Other expense: 28224.00
- Other tax: 720.48
Taxes
- Total tax: $44,400
- Annual tax: $44,400
- City tax: $9,456
- County tax: $4,953
- $29,270 school tax
- Property Tax ID: 080900000325
Utilities
- Gas and electric: 2400.00
- Electric utility supplier: CPS
- Water utility supplier: SAWS
- Sewer utility supplier: SAWS
- Waste removal: 6.00
- Electricity
- Gas
- Water
- Cable TV