$1,350,000
- Beds
- 20
- Baths
- 12.0
- sq ft
- 7,854
500 Burton Ave, San Antonio, TX 78221
500 Burton Ave
San Antonio, TX 78221
- 1 day on market
Opportunity Knocks. Built in 1984, this cashflow positive 12 unit apartment community has room to add value for an increased NOI. With a new roof in 2022, and a restriped resealed parking lot, new fence, new courtesy cameras, and an exterior facelift in 2023, this property has been well very maintained, with several major recently completed improvements. 9 of 12 units have been updated with new flooring, paint and other cosmetic touches. All units have individual electric meters, water heaters, and central HVAC systems. The onsite laundry facility, green space, and picnic area make residents feel right at home. Value add opportunities include updating 3 classic units, adding an additional washer and dryer to the laundry facility, offering premium parking, trash porter service, cable package, converting the green space into a dog park or BBQ pit, and converting the apartments into an 'All Bills Paid' community.
Details
Property type
Apartment
Lot size
0.367 acres
Price per sq ft
$172
Year built
1984
Annual property taxes
$14,277
Price History
09/17/2024
NTREIS #20731749
Listed
$1,350,000
Schools & Community
Elementary school:
Bellaire
Middle school:
Terrellwel
High school:
Mccollum
School district:
Harlandale ISD
Status: Active
Tomo last checked: 09/19/2024 at 4:00 AM
Listing updated: 09/18/2024 at 11:20 PM
Listed by: Jordan Brandt, Spring House Realty Phone #: (817) 600-2400
MLS: NTREIS #20731749
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