Property Map
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Courtesy of RentWerx San Antonio, Damian Vandevender {attribution_contact}
Description
INVESTORS!! Awesome, beautifully designed, high cash flow 4-plex for sale! All 4 units are identical 2-story townhome floorplan, with 1,245 sq ft of living space, 3 bedrooms, 2.5 baths, 1-car garages, and fenced backyards. The first floors feature living rooms with designer tray ceilings, kitchen with granite countertops and all appliances, dining area, and half bathroom. No carpet downstairs – all beautiful, stained concrete flooring. Fantastic investment opportunity, whether you’re looking to rent all 4 units, or live in one and house hack it! Avoid negative cashflow at the beginning of ownership because all 4 units are currently rented. Market rents approx $1550 per unit (~$6200 total), so potential for even higher CASH FLOW at next lease renewals. Located just a 15 minute drive from Lackland AFB! Please DO NOT disturb tenants – NO SHOWINGS until AFTER executed contract – NO exceptions.
Property Details and Features
Listing
- 48 cumulative days on market
- 48 days on market
- Listing date: 2024-02-22 06:00:00
- Price per square foot: $166
Location
- County: Bexar
- Subdivision: WURZBACH MEADOW
Bedrooms
- 3 bedrooms in unit 1
- 3 bedrooms in unit 2
- 3 bedrooms in unit 3
- 3 bedrooms in unit 4
Bathrooms
- 2 full bathrooms in unit 1
- 1 half bathroom in unit 1
- 2 full bathrooms in unit 2
- 1 half bathroom in unit 2
- 2 full bathrooms in unit 3
- 1 half bathroom in unit 3
- 2 full bathrooms in unit 4
- 1 half bathroom in unit 4
Accessibility Features
- Unit 1 disability access: No
- Unit 2 disability access: No
- Unit 3 disability access: No
- Unit 4 disability access: No
Building
- 4,964 square feet
- 4 total units
- Approximate age: 13 years
- Built in 2011
- Builder: Prosperity
- Oven/Stove
- Disposal
- Dishwasher
- Refrigerator
- Washer Connection
- Dryer Connection
- Oven/Stove
- Disposal
- Dishwasher
- Refrigerator
- Washer Connection
- Dryer Connection
- Oven/Stove
- Disposal
- Dishwasher
- Refrigerator
- Washer Connection
- Dryer Connection
- Oven/Stove
- Disposal
- Dishwasher
- Refrigerator
Exterior Features
- Not Applicable/None
- Stucco
- Siding
Floors
- Carpeting
- Ceramic Tile
Foundation
- Slab
Roof
- Composition
Miscellaneous
- Net operating income: $66,000
- Unit 1 rent: $1,350
- Unit 2 rent: $1,415
- Unit 3 rent: $1,385
- Unit 4 rent: $1,350
- 5% vacancy rate
- Annual operating expense: $28,162
- Gross annual income: $66,000
- Taxes
- Insurance
- Management
Parking
- 1 parking space for unit 1
- Unit 1 parking type: Attached
- 1 parking space for unit 2
- Unit 2 parking type: Attached
- 1 parking space for unit 3
- Unit 3 parking type: Attached
- 1 parking space for unit 4
- Unit 4 parking type: Attached
Schools
- School district: Northside
- Elementary school: Powell Lawrence
- Middle school: Ross Sul
- High school: Holmes Oliver W
Cooling
- Unit Central
Heating
- Electric
- Central
Utilities
- Separate Electric
- Separate Water
- Gas utility supplier: CPS
- Electric utility supplier: CPS
- Water utility supplier: SAWS
- Sewer utility supplier: SAWS
Taxes
- Total tax amount: $18,882