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1501 E Southcross Blvd

San Antonio, TX 78223
  • $4,200,000
  • STATUS: Active
  • ON SITE: 123 Days
  • MLS #: 1744609
UPDATED: 113 min ago
$4,200,000
  • 0
    BEDS
  • 0.89
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 20,860
    SQFT
  • $201
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1923
County:
Area:

School Ratings & Info

School District:

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!

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© 2024 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dylan Forde Real Estate Group | Real Brokerage LLC. Last updated 2024-05-18T08:33:22.53.
www.dylanforderealestate.com/homes/146653187
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1501 E Southcross Blvd San Antonio, TX 78223

  • Price: $4,200,000
  • Status: Active
  • On Site: 123 Days
  • Updated: 113 min ago
  • MLS #: 1744609
0
Beds
0
Baths
0
½ Baths
0.89
Acres
20,860
SQFT
$201
$/SQFT
1923
Built
Neighborhood:
San Antonio
County:
Bexar
Area:
San Antonio
School District:
San Antonio I.S.D.
Property 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!
Exterior Features

Construction WoodStoneRock/Stone Veneer4 Sides Masonry Drive In Doors 0 Foundation Slab Loading Facilities None Rail Service No Roof Composition Total Parking 46

Interior Features

Air Conditioning CentralIndividual Meters Apartment Sq Ft 745 Ceiling Height 9 Heating CentralIndividual Meters

Property Features

Annual Tax 44400 Approx Age 101 Available With Lease Yes Building Center Name SOUTHCROSS APARTMENTS City Tax 9456.38 Commercial Type Apartments County Tax 4953.34 Flood Plain None Gas And Electric 2400 Gross Income 412608 Income Expenses Forecast Insurance 9240 Lease Only No Maintenance 15120 Monthly Lease 1100 Net Operating Income 279184 Other Expense 28224 Other Tax 720.48 Potential Short Sale No Proposed Terms CashConventional Rentals 28 Restrictions None Sale Includes BuildingsLandBusinessEquipmentFixturesInventory School Tax 29269.77 Total Tax 44399.97 Utilities ElectricityGasWaterCable TV Utility Supplier Elec CPS Utility Supplier Sewer SAWS Utility Supplier Water SAWS Vacancy Rate Year 5 Waste Removal 6 Zoning MF-33

Listing information © 2024 San Antonio Board of REALTORS®.
Listing provided courtesy of Federico Volkmer of Keller Williams City-View: fvolkmer@kw.com, (210) 880-7360.


© 2024 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dylan Forde Real Estate Group | Real Brokerage LLC. Last updated 2024-05-18T08:33:22.53.
 
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Dylan Forde Real Estate Group | Real Brokerage LLC
3611 Paesanos Pkwy #100
San Antonio TX, 78231