Property Type Two Story
Status Active
Price Type
Distressed
Year Built 2020
Neighborhood De Zavala Business
Days on Website 99

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 with Ample Parking and a Community Picnic area onsite. Four of the 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 BA, One 1 BR/1 BA & One 2 BR/ 1 BA) and fully renovated in 2021. Each Unit has upgraded Amenities that includes: 9 FT Ceilings, Granite Countertops & Backsplashes, Ceiling Fans, Stainless Steel Appliances, Washer & Dryers, 95% to 100% Leased the last three years. Value-add opportunities through Rent Growth, Pro Rata Share of Water Utility, Wash/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

  • 298 cumulative days on market
  • 99 days on market
  • Listing date: 2024-01-25 06:00:00
  • Price per square foot: $182

Location

  • County: Bexar
  • Subdivision: DE ZAVALA BUSINESS

Accessibility Features

  • Int Door Opening 32+
  • Ext Door Opening 36+
  • 36 inch or more wide halls
  • Hallways 42 Wide
  • Grab Bars Throughout
  • Low Bathroom Mirrors
  • Low Closet Rods
  • No Steps Down
  • Near Bus Line

Building

  • 34,416 square feet
  • 31 total units
  • Approximate age: 4 years
  • Built in 2020
  • Builder: Mayo Construction Company

Exterior Features

  • Patio Slab
  • Covered Patio
  • Double Pane Windows
  • Special Yard Lights
  • Mature Trees
  • Cable TV Available
  • Storm Doors
  • Mature Trees (ext feat)
  • Secluded
  • Level
  • 4 Sides Masonry
  • Stone/Rock
  • Wood
  • Cement Fiber
  • Rock/Stone Veneer

Floors

  • Carpeting
  • Ceramic Tile

Foundation

  • Slab

Roof

  • Composition

Miscellaneous

  • Net operating income: $337,412
  • 2% vacancy rate
  • Annual operating expense: $205,217
  • Gross annual income: $542,629
  • Bldr 10yr Warranty
  • City Bus
  • Taxes
  • Insurance
  • Maintenance
  • Licenses/Permits
  • All Utilities
  • Services

Lot

  • Lot size: 1.83

Property

  • Zoning: MF-33

Schools

  • School district: Northside
  • Elementary school: Lockhill
  • Middle school: Rawlinson
  • High school: Clark

Cooling

  • Multi-Unit Central
  • Unit Central

Heating

  • Electric
  • Central

Energy Saving

  • 13-15 SEER AX
  • Programmable Thermostat
  • Double Pane Windows
  • Radiant Barrier
  • Low E Windows
  • Storm Windows
  • Storm Doors
  • Ceiling Fans
  • HERS Rated
  • Drought Tolerant Plants
  • Low Flow Commode

Utilities

  • Separate Electric
  • Other
  • Gas utility supplier: CPS
  • Electric utility supplier: CPS
  • Garbage utility supplier: Private
  • Water utility supplier: SAWS
  • Sewer utility supplier: SAWS
  • Other utility supplier: Spectrum

Taxes

  • Total tax amount: $126,317

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