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Courtesy of Lugo Realty, LLC, Laura Lugo {attribution_contact}
Description
Discover this updated 7 unit income producing investment nestled in the desirable Westwood area. This inviting building includes units that boast an open floor plan and sleek vinyl flooring throughout for a modern touch. The kitchen comes fully equipped with a stove, microwave, and refrigerator, making move-in a breeze. Stay comfortable year-round with two AC units per apartment that provide both cooling and heating. Conveniently located near shopping centers, parks, and just minutes away from Lackland Air Force Base, these units offer both convenience and comfort. Don’t miss out on this fantastic opportunity – schedule a tour today!
Property Details and Features
Listing
- 64 cumulative days on market
- 64 days on market
- Listing date: 2024-09-20 05:00:00
- Price per square foot: $150
Location
- County: Bexar
- Subdivision: NBHD code13140
Bedrooms
- 2 bedrooms in unit 1
- 1 bedroom in unit 2
- 2 bedrooms in unit 3
- 1 bedroom in unit 4
- 1 bedroom in unit 5
- 1 bedroom in unit 6
- 1 bedroom in unit 7
Bathrooms
- 1 full bathroom in unit 1
- 1 full bathroom in unit 2
- 1 full bathroom in unit 3
- 1 full bathroom in unit 4
- 1 full bathroom in unit 5
- 1 full bathroom in unit 6
- 1 full bathroom in unit 7
Accessibility Features
- Unit 1 disability access: No
- Unit 2 disability access: No
- Unit 3 disability access: No
- Unit 4 disability access: No
- Unit 5 disability access: No
- Unit 6 disability access: No
- Unit 7 disability access: No
Building
- 4,000 square feet
- 7 total units
- Approximate age: 58 years
- Built in 1966
- Builder: Unknown
- Oven/Stove
- Refrigerator
- Other
- Oven/Stove
- Refrigerator
- Other
- Oven/Stove
- Refrigerator
- Other
- Oven/Stove
- Refrigerator
- Other
- Oven/Stove
- Refrigerator
- Other
- Oven/Stove
- Refrigerator
- Other
- Oven/Stove
- Refrigerator
- Other
Exterior Features
- Not Applicable/None
- Stucco
Floors
- Vinyl
Foundation
- Slab
Roof
- Composition
Miscellaneous
- Net operating income: $41,611
- Unit 1 rent: $1,000
- Unit 2 rent: $820
- Unit 3 rent: $1,000
- Unit 4 rent: $820
- Unit 5 rent: $820
- Unit 6 rent: $820
- Unit 7 rent: $900
- 14% vacancy rate
- Annual operating expense: $39,043
- Gross annual income: $80,654
- Taxes
- Insurance
- Maintenance
- Management
- Licenses/Permits
- All Utilities
- Reserves
Parking
- 1 parking space for unit 1
- Unit 1 parking type: Detached
- 1 parking space for unit 2
- Unit 2 parking type: Detached
- 1 parking space for unit 3
- Unit 3 parking type: Detached
- 1 parking space for unit 4
- Unit 4 parking type: Detached
- 1 parking space for unit 5
- Unit 5 parking type: Detached
- 1 parking space for unit 6
- Unit 6 parking type: Detached
- 1 parking space for unit 7
- Unit 7 parking type: Detached
Lot
- Lot size: 0.264
Property
- Zoning: C-1
Schools
- School district: Northside
- Elementary school: Cable
- Middle school: Jones
- High school: John Jay
Cooling
- Window/Wall
- Two Window/Wall
Heating
- Electric
- Window Unit
- 2 Units
Utilities
- Separate Electric
- City
Taxes
- Total tax amount: $11,335