Skip To Content

3118 W Gerald Ave

San Antonio, TX 78211
  • $524,900
  • STATUS: Active
  • ID#: 1614586
UPDATED: 195 min ago
$524,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
N/A
Type:
Multi-Family
Built:
1913
County:
Area:

School Information

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

Description

This is a great 7 unit apartment complex for an investor looking to cash flow. All units are currently rented, no vacancies and everyone is on a lease. Foundation was fixed, water lines were replaced, all units upstairs were completely remodeled, all window A/Cs were replaced 2 years ago. Shed on the property for additional storage or a potential 8th unit and the property has been fully stabilized with monthly NOI of $3,551. Owners are selling five other small multi family properties.

Monthly Payment Calculator



© 2023 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 Zina & Co. Real Estate. Last updated 2023-03-30T23:33:04.123.
www.zinasells.com/homes/129867200
Print Image

3118 W Gerald Ave San Antonio, TX 78211

  • Price: $524,900
  • Status: Active
  • On Site: Days
  • Updated: 195 min ago
  • ID#: 1614586
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1913
Built
Neighborhood:
N/A
County:
Bexar
Area:
San Antonio
Elementary School:
Call District
Middle School:
Call District
High School:
Call District
School District:
Call District
Property Description
This is a great 7 unit apartment complex for an investor looking to cash flow. All units are currently rented, no vacancies and everyone is on a lease. Foundation was fixed, water lines were replaced, all units upstairs were completely remodeled, all window A/Cs were replaced 2 years ago. Shed on the property for additional storage or a potential 8th unit and the property has been fully stabilized with monthly NOI of $3,551. Owners are selling five other small multi family properties.
Exterior Features

Exterior Siding Roof Composition Unit Five Parking Spaces 1 Unit Five Parking Type Pad Unit Four Parking Spaces 1 Unit Four Parking Type Pad Unit One Parking Spaces 1 Unit One Parking Type Pad Unit Seven Parking Spaces 1 Unit Seven Parking Type Pad Unit Six Parking Spaces 1 Unit Six Parking Type Pad Unit Three Parking Spaces 1 Unit Three Parking Type Pad Unit Two Parking Spaces 1 Unit Two Parking Type Pad

Interior Features

Air Conditioning Window/WallTwo Window/Wall Floor CarpetingVinylLaminate Heating None Heating Fuel Natural Gas Unit Five Beds 2 Unit Five Full Baths 1 Unit Five Half Baths 0 Unit Five Handicap Access No Unit Five Info Oven/StoveRefrigerator Unit Four Beds 1 Unit Four Full Baths 1 Unit Four Half Baths 0 Unit Four Handicap Access No Unit Four Info Oven/StoveRefrigerator Unit One Beds 1 Unit One Full Baths 1 Unit One Half Baths 0 Unit One Handicap Access No Unit One Info Oven/Stove Unit Seven Beds 1 Unit Seven Full Baths 1 Unit Seven Half Baths 0 Unit Seven Handicap Access No Unit Seven Info Oven/Stove Unit Six Beds 2 Unit Six Full Baths 1 Unit Six Half Baths 0 Unit Six Handicap Access No Unit Six Info Oven/StoveRefrigerator Unit Three Beds 1 Unit Three Full Baths 1 Unit Three Half Baths 0 Unit Three Handicap Access No Unit Three Info Oven/StoveRefrigerator Unit Two Beds 1 Unit Two Full Baths 1 Unit Two Half Baths 0 Unit Two Handicap Access No Unit Two Info Oven/Stove

Property Features

Annual Operating Expense 27528 Approx Age 110 For Sale Or Rent For Sale Gross Annual Income 70140 Hoa Mandatory None Meters Common WaterCommon ElectricCommon Gas Multifamily Type Two Story Net Operating Income 42612 Operating Expense Includes TaxesInsuranceAll Utilities Proposed Terms ConventionalCash Recent Rehab Yes Subdivision Legal Name N/A Taxed By Multiple Counties No Total Tax 13135.57 Unit Five Rent 865 Unit Four Rent 815 Unit One Rent 815 Unit Seven Rent 845 Unit Six Rent 885 Unit Three Rent 795 Unit Two Rent 825 Utility Supplier Other 210-269-1127 Vacancy Rate 0 Water Sewer City Zoning Mf-33

Listing information © 2023 San Antonio Board of REALTORS®.
Listing provided courtesy of Hillary Romero of White Line Realty Llc: hillary.w.romero@gmail.com, (210) 269-1127.


© 2023 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 Zina & Co. Real Estate. Last updated 2023-03-30T23:33:04.123.
 
https://bt-photos.global.ssl.fastly.net/sabor/orig_boomver_1_1614586-2.jpg https://bt-photos.global.ssl.fastly.net/sabor/orig_boomver_1_1614586-2.jpg https://bt-photos.global.ssl.fastly.net/sabor/orig_boomver_1_1614586-2.jpg
Logo
Zina & Co. Real Estate
614 Seventh St.
Marble Falls TX, 78654