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$650,000

Beds
11
sq ft
5,650

541 Hammond Ave, San Antonio, TX 78210

541 Hammond Ave

San Antonio, TX 78210

  • 341 days on market
Own a multifamily asset located in a desirable rental market. 541 Hammond Avenue is an 8-unit complex in the heart of Highland Park. Each unit is currently fully occupied and professionally managed. Tenants appreciate the available onsite parking and a shared common area courtyard for enjoyment. This investment property sits in the classic San Antonio neighborhood of Highland Park. Tenants are within walking distance of an elementary school, church, restaurants, and various amenities. Located just minutes away from downtown San Antonio and its vibrant attractions, makes this property an even more enticing investment. With the desirable location close to HWY 90 and 281 it is perfect for commuters and provides convenient transportation for tenants. Buy now, and own a generously sized lot, giving you plenty of potential for expansion, enabling you to increase your investment and rental income. An offering memorandum is available upon request, providing comprehensive financial information, lease agreements, security deposit leger, and rent roll history.

Details

Property type

Est. home value

$788,583

Lot size

Unknown

Price per sq ft

$116

Year built

1929

Annual property taxes

$12,090.06

Price History

12/20/2023
SanAntonio

SanAntonio #1740298

Listed
$650,000

Schools & Community

Neighborhood: 

Highland Park

Elementary school: 

Highland Park

Middle school: 

Page Middle

High school: 

Highlands

School district: 

San Antonio I.S.D.

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bay Mountain Fund I Llc

Loan start date

April 2016

Original loan amount

$220,400

Est. remaining balance

Not provided

Interest rate

3.64%

Loan type

Commercial

Seller

541 Hammond & St Anthony Land Trust

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/25/2024 at 8:35 AM

Listing updated: 01/31/2024 at 10:14 PM

Listed by: Kelly Siegler, Team Price Real Estate Phone #: (512) 213-0213

MLS: SanAntonio #1740298

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