TX > Elmendorf > Elmendorf Area Ec
Elmendorf, TX 78112,8325 Fm 327
Elmendorf, TX 78112,8325 Fm 327
Elmendorf, TX 78112,8325 Fm 327
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$655,000
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9 Beds
9 Baths
3,812 SqFt
New

8325 Fm 327 Elmendorf, TX 78112

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Tasha Bratton

Tasha Bratton

+1(682) 263-3941

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Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Active

Purchase Type For Sale

Square Footage 3,812 sqft

Price per Sqft $171

Subdivision Elmendorf Area Ec

MLS Listing ID 1895566

Style One Story

Bedrooms 9

Full Baths 9

Annual Tax Amount $5,000

Lot Size 2.177 Acres

Property Sub-Type Multi-Family (2-8 Units)

Property Description

This 8-unit manufactured housing community provides significant upside potential for new ownership. The Cozy Cottages have been remodeled and well maintained, and cared for, ensuring a hassle-free transition for new owners. With proactive management, this property offers investors ease of ownership and peace of mind. The Cottages are situated in a submarket with robust fundamentals, and benefit from a growing rental market, along with being located close to employment centers in the growing vicinity of Elmendorf - such as a large Home Depot Distribution Warehouse, Semi Truck Manufacturer Navistar, and several others. There are three major thoroughfares within seven miles of the property, including Interstates 37 and 410 and Loop 1604. The Cozy Cottages of Elmendorf also boasts not only minimal deferred maintenance but also a significant increase in rental income over the past year. All units have undergone significant remodeling. New owners have the opportunity to maintain this trend by continuing to lease units at rates already being captured and proven. Additionally, The Cottages have City Water, four septic systems, and 94 solar panels ($90,000 + Paid Off and part of the property) on the property, for low monthly utility bills. Buyers could be a multi-family investor or a family that wants multi-generational living. The property is ready for new ownership in either category.

Location

State TX

County Bexar

Area 2003

Zoning OCL

Interior

Heating Window Unit, 1 Unit

Cooling Window/Wall, Two Window/Wall

Flooring Ceramic Tile, Laminate

Exterior

Exterior Feature Wood, Siding

Garage Spaces 16.0

Roof Type Metal

Building

Sewer Septic, City

Water City

Schools

Elementary Schools Call District

Middle Schools Call District

High Schools East Central

School District East Central I.S.D

Others

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

LERA MLS - Local Expertise Regional Access / SABOR
Listed by Albert Ochoa • Success Realty of Texas LLC • (210) 317-7528

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agent

Tasha Bratton

Agent | License ID: 816054

+1(682) 263-3941

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8325 Fm 327