381 State Highway 132 N

    Devine, TX 78016
    • $1,795,000
    • STATUS: Active
    • ON SITE: 7 days
    • MLS #: 1457894
    UPDATED: 56 min ago
    $1,795,000
    • 0
      BEDS
    • 2.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 16,628
      SQFT
    • $108
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2014
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Amazing Opportunity! 100% occupancy on 24 units constructed in 2014 and still in great condition. 12-2 bed/2 bath units and 12-1 bed/1 bath units. Rents have not been increased since 2015. Located in busy and growing area close to I-35 and 30 mins from San Antonio. Additional revenue opportunity on land in rear of property (Approx 1 acre) that can be used to build another multi-family complex, RV park, storage units or single family residences!

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    © 2020 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Gradiz Group. Last updated 2020-05-26T22:32:19.337.
    www.myhomesearchsanantonio.com/homes/105970165

    381 State Highway 132 N Devine, TX 78016

    • Price: $1,795,000
    • Status: Active
    • Updated: 56 min ago
    • MLS #: 1457894
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.16
    Acres
    16,628
    SQFT
    $108
    $/SQFT
    2014
    Built
    Neighborhood:
    Paradign Subdivision
    County:
    Medina
    Area:
    Devine
    Elementary School:
    Call District
    Middle School:
    Call District
    High School:
    Call District
    School District:
    Devine
    Property Description
    Amazing Opportunity! 100% occupancy on 24 units constructed in 2014 and still in great condition. 12-2 bed/2 bath units and 12-1 bed/1 bath units. Rents have not been increased since 2015. Located in busy and growing area close to I-35 and 30 mins from San Antonio. Additional revenue opportunity on land in rear of property (Approx 1 acre) that can be used to build another multi-family complex, RV park, storage units or single family residences!
    Exterior Features

    Exterior Siding Exterior Features Not Applicable/None Foundation Slab Roof Composition Unit Eight Parking Spaces 2 Unit Eight Parking Type Pad Unit Five Parking Spaces 2 Unit Five Parking Type Pad Unit Four Parking Spaces 2 Unit Four Parking Type Pad Unit One Parking Spaces 2 Unit One Parking Type Pad Unit Seven Parking Spaces 2 Unit Seven Parking Type Pad Unit Six Parking Spaces 2 Unit Six Parking Type Pad Unit Three Parking Spaces 2 Unit Three Parking Type Pad Unit Two Parking Spaces 2 Unit Two Parking Type Pad

    Interior Features

    Air Conditioning One Central Floor CarpetingLinoleum Heating Central Heating Fuel Electric Unit Eight Beds 2 Unit Eight Full Baths 2 Unit Eight Half Baths 0 Unit Eight Handicap Access No Unit Eight Info Oven/StoveRefrigerator Unit Five Beds 2 Unit Five Full Baths 2 Unit Five Half Baths 0 Unit Five Handicap Access No Unit Five Info Oven/StoveRefrigerator Unit Four Beds 2 Unit Four Full Baths 2 Unit Four Half Baths 0 Unit Four Handicap Access No Unit Four Info Oven/StoveRefrigerator Unit One Beds 2 Unit One Full Baths 2 Unit One Half Baths 0 Unit One Handicap Access No Unit One Info Oven/StoveRefrigerator Unit Seven Beds 2 Unit Seven Full Baths 2 Unit Seven Half Baths 0 Unit Seven Handicap Access No Unit Seven Info Oven/StoveRefrigerator Unit Six Beds 2 Unit Six Full Baths 2 Unit Six Half Baths 0 Unit Six Handicap Access No Unit Six Info Oven/StoveRefrigerator Unit Three Beds 2 Unit Three Full Baths 2 Unit Three Half Baths 0 Unit Three Handicap Access No Unit Three Info Oven/StoveRefrigerator Unit Two Beds 2 Unit Two Full Baths 2 Unit Two Half Baths 0 Unit Two Handicap Access No Unit Two Info Oven/StoveRefrigerator

    Property Features

    Annual Operating Expense 18647 Approx Age 6 Builder Name Unk For Sale Or Rent For Sale Gross Annual Income 192600 Hoa Mandatory None Meters Separate ElectricCommon Water Multifamily Type Two Story Net Operating Income 145692 Operating Expense Includes InsuranceMaintenanceAll Utilities Potential Short Sale No Proposed Terms ConventionalCashInvestors Ok Source Sq Ft Appsl Dist Subdivision Legal Name Paradigm Subdivision Taxed By Multiple Counties No Total Tax 31943.05 Unit Eight Rent 750 Unit Five Rent 750 Unit Four Rent 750 Unit One Rent 750 Unit Seven Rent 750 Unit Six Rent 750 Unit Three Rent 750 Unit Two Rent 750 Vacancy Rate 0 Water Sewer City

    Listing provided courtesy of Ruben Cavazos of Texas Premier Realty.


    © 2020 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Gradiz Group. Last updated 2020-05-26T22:32:19.337.
     
    The Gradiz Group
    110 Broadway St, Suite 65
    San Antonio TX, 78205