MLS# 1744609 – 1501 E Southcross Blvd, San Antonio, TX 78223

$4,200,000 - Br/Ba - for Sale in San Antonio
Price: $4,200,000
Lot Size Acres: 0.89
Lot Size SqFt: 38,811
Status: Active
Property Type: Apartments
Year Built: 1923
Days on Website: 311

Courtesy of Keller Williams City-View, Federico Volkmer {attribution_contact}

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!

Property Details and Features

  • Listing
  • Listing date: 2024-01-15 06:00:00
  • 310 days on market
  • 310 cumulative days on market
  • $201 per square foot
  • Location
  • County: Bexar
  • Area: 1900
  • Building
  • Apartment is 745 square feet
  • Built in 1923
  • Approximate age: 101
  • Building/center name: SOUTHCROSS APARTMENTS
  • Wood
  • Stone
  • Rock/Stone Veneer
  • 4 Sides Masonry
  • 20,860 square feet
  • 3 stories
  • 1 building
  • Foundation
  • Slab
  • Roof
  • Composition
  • Interior Features
  • Ceiling height: 9
  • Cooling
  • Central
  • Individual Meters
  • Heating
  • Central
  • Individual Meters
  • Lot
  • Lot size: 0.891
  • Property
  • Zoning: MF-33
  • Schools
  • School district: San Antonio I.S.D.
  • Miscellaneous
  • Gross income: 412608.00
  • Net operating income: $279,184
  • Monthly lease: $1,100
  • Insurance: 9240.00
  • None
  • Forecast
  • None
  • No
  • None
  • Maintenance: 15120.00
  • 28 rentals
  • 46 parking spaces
  • 28 units
  • Other expense: 28224.00
  • Other tax: 720.48
  • Taxes
  • Total tax: $44,400
  • Annual tax: $44,400
  • City tax: $9,456
  • County tax: $4,953
  • $29,270 school tax
  • Property Tax ID: 080900000325
  • Utilities
  • Gas and electric: 2400.00
  • Electric utility supplier: CPS
  • Water utility supplier: SAWS
  • Sewer utility supplier: SAWS
  • Waste removal: 6.00
  • Electricity
  • Gas
  • Water
  • Cable TV

Property Map

$4,200,000 – 1501 E Southcross Blvd, San Antonio, TX 78223

Street View

Nearby Schools

Print Options

Select the items on the page that you would like to print. This "Print Options" block will not be printed.

Main Photo Main Details Property Description Property Features
Additional Photos Addtl Photos Size Location Map Schools