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Key Facts

Type Multi Family
Levels Residential Income
Size 4240 sqft
Garage No
Taxes $7,763
Days Active 3
Lot Size 
Approx. Age 2006
Avg. Price Per Sqft $101
MLS® Number 1868213

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Investor's Dream in the Heart of La Vernia! Fully Rented Quadplex with 8.5 Cap Rate 104 San Antonio Road, Lot 2, La Vernia, TX 78121 Welcome to your next cash-flowing investment! This well-maintained quadplex features four spacious units, each offering 2 bedrooms and 2 bathrooms-perfect for long-term tenants seeking comfort and convenience in the charming community of La Vernia. ALL UNITS ARE FULLY RENTED and currently generating a Gross Operating Income (GOI) of $48, 600 annually. With taxes at $7, 762.50 and management fees of $4, 374, you're looking at a healthy Net Operating Income (NOI) of $36, 464. Priced to sell at an attractive 8.5 cap rate, this is the kind of investment that checks all the right boxes: set income, strong returns, and low hassle. If new owner self manages then the cap rate goes up to 9.5 Whether you're a seasoned investor or just starting to build your portfolio, this is a rare opportunity to own a multi-unit property in a growing Texas market-just 30 minutes from San Antonio! Don't miss out-opportunities like this don't come around often!Show Description
MLS® Number1868213
Laundry Level
Central VacNo
FireplaceNo
Acreage0.39
ExteriorPatio Slab, Double Pane Windows, Level
GarageNo
Approx. Age2006
Basement
Driveway
Garage Spaces
HeatElectric, Central
A/CMulti-Unit Central, Three+ Central
Heating Fuel

Extras

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