Property Map
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Courtesy of Barrientos Properties, Rodney Barrientos {attribution_contact}
Description
Cristabel Court Residences is a well maintained Thirty-One Unit Apartment Complex that is located near the IH-10 West/ Loop 1604 Corridor. This complex boasts 5 Apartment Buildings on approximately 1.85 ACRES…..4 of these buildings were completed in July of 2020 (eight 3 BR/2 BA and seventeen 2 BR/2 BA’s.) and One was built in 1995 ( Four 2 BR/2 BAs, One 1 BR/1 BA & One 2 BR/ 1 BA. The property has consistently maintained a 95% to 100% occupancy rate the last three years. Value-add opportunities through Rent Growth, Pro Rata Share of Water Utility, Washer/Dryer Income & Covered Parking. . There are two fully-furnished short term rentals that are leased both on Airbnb/VRBO—- two additional short term rentals have been approved by the City of San Antonio. The Water utility is also currently included with the rent…..potential to chargeback water and common area electricity(approx. 25-30k/yr) to the tenants at renewal phase. Located within 5 minutes from The South Texas Medical Center, La Cantera Mall, The Rim Shopping Center, Fiesta Texas, UTSA, USAA, Valero, The Texas Hill Country and many other major San Antonio destinations.
Property Details and Features
Listing
- Listing date: 2024-01-25 06:00:00
- 296 days on market
- 408 cumulative days on market
- $182 per square foot
Location
- County: Bexar
- Area: 0500
Building
- Built in 2020
- Approximate age: 4
- Building/center name: CRISTABEL COURT RESIDENCE
- Wood
- Brick
- Stucco
- 34,416 square feet
- 2 stories
- 5 buildings
Foundation
- Slab
Roof
- Composition
Amenities
- Exterior Lighting
- Security System
- High Speed INternet
- Fire Sprinkler System
- Inside Storage
- Outside Storage
- Living Area
- Security Fence
Interior Features
- Ceiling height: 9
Cooling
- Central
Heating
- Central
Lot
- Lot size: 1.854
Property
- Zoning: MF-33
Schools
- School district: Northside
Miscellaneous
- Gross income: 542629.00
- Net operating income: $337,412
- Net leasable area: 34416
- Monthly lease: $0
- None
- Actual
- None
- No
- Deed
- 31 rentals
- 68 parking spaces
- 31 units
- Other expense: 78900.00
- Other tax: 0.00
Taxes
- Total tax: $0
- Annual tax: $126,317
- City tax: $0
- County tax: $0
- $0 school tax
- Property Tax ID: 161500140350
Utilities
- Gas utility supplier: CPS
- Electric utility supplier: CPS
- Garbage utility supplier: City
- Water utility supplier: SAWS
- Sewer utility supplier: SAWS
- Other utility supplier: Spectrum
- Electricity
- Water
- Telephone
- Sewer
- Cable TV