13-unit multifamily community (mix of 1BR & 2BR). Current average rent: $656 per unit. Gross monthly rent: $8,537 when fully occupied. Pro-Forma Rent - $9187. Location Highlights: Steps from Woodlawn Lake Park-one of San Antonio's most recognized recreation areas, currently undergoing city-funded upgrades. Minutes to downtown, Deco District, and the Medical Center corridors. High renter demand submarket with strong walkability and transit options. Investment Upside. Mark-to-market rents: comps in the area show $775-$850 achievable with light upgrades. Potential to implement RUBS utility billing, reserved parking, and laundry revenue. Strong community appeal with easy access to lifestyle amenities. Other multi-family properties available.
Property Features
Bathrooms
Appliances
- ElectricOven
- ElectricRange
Heating and Cooling
- Cooling Features: CentralAir
- Heating Features: Central, Electric
- Heating: Yes
Interior Features
Land Info
- Lot Size Acres: 0.41
- Lot Size Square Feet: 17955
Garage and Parking
- Parking Features: Concrete
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
School Information
- Elementary School District: Other ISD
- High School District: Other ISD
- Middle or Junior School District: Other ISD
Multi-Unit Info
- Number of Units In Community: 13
Other Property Info
- Annual Tax Amount: 16593
- Tax Block: 31
- Source Listing Status: Active
- County: Bexar
- Source Property Type: Residential
- Source Neighborhood: Block 1973
- Parcel Number: 123452
- Postal City: San Antonio
- Subdivision: Block 1973
- Property Subtype: Apartment
Building and Construction
- Total Square Feet Living: 8211
- Year Built: 1940
- Building Area Source: Appraiser
- Building Area Total: 8211
- Foundation Details: Slab
- Levels: One
- Living Area Source: Appraiser
- Property Age: 86
- Roof: Shingle
- Levels or Stories: 1
- Building Total Stories: 1
Utilities
- Sewer: PublicSewer
- SewerAvailable
- WaterAvailable
- Water Source: Public