$1,350,000
$1,350,000
For more information regarding the value of a property, please contact us for a free consultation.
20 Beds
12 Baths
7,854 SqFt
SOLD DATE : 12/05/2024
Key Details
Sold Price $1,350,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 7,854 sqft
Price per Sqft $171
Subdivision San Jose Townsite Ncb 9335
MLS Listing ID 20731749
Sold Date 12/05/24
Bedrooms 20
Full Baths 12
HOA Y/N No
Year Built 1984
Annual Tax Amount $14,277
Lot Size 0.367 Acres
Acres 0.367
Lot Dimensions 189x112
Property Sub-Type Apartment
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
Community Laundry Facilities, Curbs, Sidewalks
Direction From down town, Get on I-10 E I-35 S from S Flores St. Follow I-35 S to Interstate 35 Access Rd. Take exit 150B from I-35 S. Continue on Interstate 35 Access Rd. Take SW Military Dr to Burton Ave.
Interior
Interior Features Eat-in Kitchen, High Speed Internet, Multiple Staircases, Cable TV
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Luxury Vinyl, Luxury VinylPlank, Vinyl
Fireplace No
Window Features Window Coverings
Appliance Electric Range, Electric Water Heater, Microwave, Refrigerator
Exterior
Exterior Feature Storage
Parking Features Asphalt, Common, On Site, Open, Off Street, Outside, Parking Lot, Parking Pad
Fence Privacy
Pool None
Community Features Laundry Facilities, Curbs, Sidewalks
Utilities Available Electricity Available, Electricity Connected, Phone Available, Sewer Available, Water Available, Cable Available
Water Access Desc Public
Roof Type Composition
Street Surface Asphalt
Total Parking Spaces 20
Garage No
Building
Lot Description Corner Lot, Level, Few Trees
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
Elementary Schools Bellaire
Middle Schools Terrellwel
High Schools Mccollum
School District Harlandale Isd
Others
Senior Community No
Tax ID 093350510010
Security Features Security System
Financing Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "