500 BURTON Contingent Save Request In-Person Tour Request Virtual Tour
San Antonio,TX 78221
Key Details
Property Type Commercial
Sub Type Commercial Improved Prop
Listing Status Contingent
Purchase Type For Sale
Square Footage 7,854 sqft
Price per Sqft $171
MLS Listing ID 1809680
Year Built 1984
Annual Tax Amount $14,277
Lot Size 0.367 Acres
Property Description
Opportunity Knocks. Built in 1984, this cashflow positive 12 unit apartment community has room to add value for an increased NOI. With a new roof in 2022, and a restriped resealed parking lot, new fence, new courtesy cameras, and an exterior facelift in 2023, this property has been very well maintained, with several major recently completed improvements. 9 of 12 units have been updated with new flooring, paint and other cosmetic touches. All units have individual electric meters, water heaters, and central HVAC systems. The onsite laundry facility, green space, and picnic area make residents feel right at home. Value add opportunities include updating 3 classic units, adding an additional washer and dryer to the laundry facility, offering premium parking, trash porter service, cable package, converting the green space into a dog park or BBQ pit, and converting the apartments into an 'All Bills Paid' community.
Location
State TX
County Bexar
Area 2100
Zoning R-6 CD
Interior
Heating Central,Individual Meters
Cooling Central,Individual Meters
Exterior
Garage Spaces 20.0
Utilities Available Electricity,Water,Sewer,Cable TV
Amenities Available Security System,Outside Storage,Security Fence
Roof Type Composition
Building
Story 2
Foundation Slab
Schools
School District Harlandale I.S.D
Others
Acceptable Financing Sale Only,Cash,Conventional
Listing Terms Sale Only,Cash,Conventional