Rare 5 Individual Unit's Investment Near Downtown – Comes with Extra Lot!
Multi-Unit Cash Flow Play or Redevelopment Opportunity – Priced to Move!
PROPERTY DETAILS
- Price: $200k
- Bed: 1 (x5) – Detached Units
- Bath: 1 (x5)
- SQFT: Unit 1 – 560 | Unit 2 – 480 | Unit 3 – 640 | Unit 4 – 480 | Unit 5 – 400
- Year Built: 1920
- Lot Size: 0.4222 Acres W/ Bonus Vacant Lot
- Rehab: Estimated Medium Renovation – No Demolition Required
- ARV: (Land Value Alone: $255,000)
- Rents: Unit 1 – $500 | Unit 2 – $950
- Vacant or Occupied: 3 Units Vacant, 2 Occupied
- All units are on separate meters and individually billed by CPS (Utility company)
This is a rare opportunity to pick up five individual 1 bed / 1 bath units on a huge .4222-acre lot — PLUS a vacant lot included for potential development of additional units. Located just minutes from downtown San Antonio in a high-demand rental area.
Each unit is detached and separately accessible, allowing for flexible rehab, STR, or long-term rental strategies. With 3 units already vacant, renovations can start Day 1 while collecting rent from the others.All units are on separate meters and individually billed by CPS, ensuring utility costs are fully tenant-responsible. According to Joe, CPS confirms each unit has its own meter, making management smoother and more profitable.
Exit Strategies:
- Renovate and lease all 5 units
- Build more units on the included lot or convert to duplexes/ADUs
- STR / MTR conversion to maximize cash flow
- Hold for long-term appreciation in a rapidly developing area
Call or Text David to Lock This One In or Schedule a Showing: (210) 972-5061
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