$2,475,000

2703 Observation Dr

San Antonio TX, 78227

Description

Woodfield Apartments - 32 unit apartment complex on an almost 1 acre lot w/ 29 - 2 bed 1 bth & 3 1bed 1bth units. 2 bedrooms average rent $825, 1-bed average rent $600. 2 bedrooms approx. 750 sq.ft and 1 bedroom approx. 550 sq.ft. 4 buildings with all roof replaced in April 2019. Each unit has central cooling/heat w/ at least 15 units replaced within the past 3 years. 3 out of the 4 commercial water heaters have been changed within 3 years. Pride of ownership with friendly residence and clean complex. As occupancies become available units have been moderately upgraded. There is room for an investor to upgrade remaining units and raise rents. The owner pays water, gas, and trash. Each resident pays their own electric (Individual metered). Located by Lackland with easy access to highways. PLEASE DO NOT DISTURB RESIDENTS.Call L/A at (213)505-4290 for showings. Financials on additional doc's.

Details

MLS#1485807
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1960
Days On Site33

Features

SQ Feet23,132
Story(s)2
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Area Information
StateTX
CountyBexar
CitySan Antonio
Zip Code78227
Area0700
Listing VS Median (in 78227)
Price:
$2,475,000
low | high
Med:
$139,900
100% of Average
SqFt:
23,132
low | high
Med:
1,213
100% of Average
$ / SqFt:
$107
low | high
Med:
$115
42.205924038405% of Average
On Site:
33
low | high
Med:
137
24.087591240876% of Average
Listing Updated: 10/28/2020
Salvador Jauregui LogoMLS Number: 1485807
Listing Provided By:
Salvador Jauregui  of  Key Realty
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