500 BURTON Pending Save Request In-Person Tour Request Virtual Tour
San Antonio,TX 78221
Key Details
Property Type Multi-Family
Sub Type Multi-Family (2-8 Units)
Listing Status Pending
Purchase Type For Sale
Square Footage 7,854 sqft
Price per Sqft $171
Subdivision San Jose Townsite
MLS Listing ID 1809477
Style Two Story
Bedrooms 13
Full Baths 8
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 eh 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
Cooling Unit Central
Flooring Carpeting,Vinyl
Exterior
Exterior Feature Stucco,Siding
Garage Spaces 13.0
Roof Type Composition
Building
Foundation Slab
Sewer City
Water City
Schools
Elementary Schools Bellaire
Middle Schools Terrell Wells
High Schools Mccollum
School District Harlandale I.S.D
Others
Acceptable Financing Conventional,Cash,Investors OK
Listing Terms Conventional,Cash,Investors OK