104 san antonio new Save Request In-Person Tour Request Virtual Tour
La Vernia,TX 78121
Key Details
Property Type Multi-Family
Sub Type Multi-Family (2-8 Units)
Listing Status Active
Purchase Type For Sale
Square Footage 4,240 sqft
Price per Sqft $101
MLS Listing ID 1868213
Style One Story
Bedrooms 8
Full Baths 8
Construction Status Pre-Owned
Year Built 2006
Annual Tax Amount $7,763
Lot Size 0.267 Acres
Property Sub-Type Multi-Family (2-8 Units)
Property 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!
Location
State TX
County Wilson
Area 2800
Interior
Heating Central
Cooling Multi-Unit Central,Three+ Central
Flooring Carpeting,Ceramic Tile
Exterior
Exterior Feature Brick
Garage Spaces 8.0
Roof Type Composition
Building
Foundation Slab
Construction Status Pre-Owned
Schools
Elementary Schools La Vernia
Middle Schools La Vernia
High Schools La Vernia
School District La Vernia Isd.
Others
Acceptable Financing Conventional,FHA,VA,Cash,Investors OK,USDA
Listing Terms Conventional,FHA,VA,Cash,Investors OK,USDA