$3,500,000
SqFt
2.16 Acre Lot
94,089 Sqft Lot
Price Type
Status Active
Property Type Apts/retail/strip/busprk
Year Built 2014
Days on Website 231

Property Map

$3,500,000 – 381 N Highway 132, Devine, TX 78016

Street View

Courtesy of Texas Premier Realty, Ruben Cavazos {attribution_contact}

Description

Amazing Opportunity! 100% occupancy on 24 units constructed in 2014 and still in great condition. 12-2 bed/2 bath units and 12-1 bed/1 bath units. Rents have not been increased since 2015. Located in busy and growing area close to I-35 and 30 mins from San Antonio. Additional revenue opportunity on land in rear of property (Approx 1 acre) that can be used to build another multi-family complex, RV park, storage units or single family residences!

Property Details and Features

Listing

  • Listing date: 2024-04-01 05:00:00
  • 232 days on market
  • 232 cumulative days on market
  • $210 per square foot

Location

  • County: Medina
  • Area: 3000

Building

  • Built in 2014
  • Approximate age: 10
  • Building/center name: LAS LOMAS APARTMENTS
  • Wood
  • 16,628 square feet
  • 2 stories
  • 1 building

Foundation

  • Slab

Roof

  • Composition

Interior Features

  • Ceiling height: 10

Cooling

  • Central

Heating

  • Central
  • Individual Meters

Lot

  • Lot size: 2.16

Property

  • Zoning: COMMERCIAL

Schools

  • School district: Devine

Miscellaneous

  • Gross income: 201600.00
  • Monthly lease: $0
  • None
  • None
  • No
  • None
  • 24 rentals
  • 48 parking spaces
  • 24 units
  • Other tax: 4927.27

Taxes

  • Total tax: $35,706
  • City tax: $9,116
  • County tax: $5,788
  • $15,874 school tax
  • Property Tax ID: R64622

Utilities

  • Electricity
  • Water
  • Sewer

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