TX > San Antonio
San Antonio, TX 78221,500 BURTON
San Antonio, TX 78221,500 BURTON,Video Tour
San Antonio, TX 78221,500 BURTON
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$1,350,000
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7,854 SqFt
Pending

500 BURTON San Antonio, TX 78221

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Tasha Bratton

Tasha Bratton

+1(682) 263-3941

UPDATED:

11/26/2024 08:56 PM

Key Details

Property Type Commercial

Sub Type Commercial Improved Prop

Listing Status Pending

Purchase Type For Sale

Square Footage 7,854 sqft

Price per Sqft $171

MLS Listing ID 1809680

Construction Status Wood,Stucco

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

Level or Stories 2

Construction Status Wood,Stucco

Schools

School District Harlandale I.S.D

Others

Acceptable Financing Sale Only, Cash, Conventional

Listing Terms Sale Only, Cash, Conventional

Listed by Jordan Brandt • Spring House Realty • (817) 600-2400

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Tasha Bratton

Agent | License ID: 816054

+1(682) 263-3941

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500 BURTON