Building Trust - Creating Value
1501 Southcross Blvd E, San Antonio, TX 78223
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  • MLS#: 1744609 ( Commercial Improved Prop )
  • Street Address: 1501 Southcross Blvd E
  • Viewed: 32
  • Price: $4,200,000
  • Price sqft: $201
  • Waterfront: No
  • Year Built: 1923
  • Bldg sqft: 20860
  • Days On Market: 248
  • Additional Information
  • County: BEXAR
  • City: San Antonio
  • Zipcode: 78223
  • District: San Antonio I.S.D.
  • Provided by: Keller Williams City-View
  • Contact: Federico Volkmer
  • (210) 880-7360
  • San Antonio, TX MLS IDX
  • DMCA Notice
  • Description
    A not to be missed investment opportunity. Discover this compelling investment option nestled in the up and coming San Antonio area an ideal prospect for those looking to fortify their portfolio with a low maintenance addition. This brand new multi family development is a must see, featuring 28 units presenting 745 sq.ft. Layouts with two well proportioned bedrooms and one bathroom. Experience contemporary living with open plan and light filled living spaces, perfectly tailored to modern lifestyles. Choose from two distinct floorplans offering well equipped kitchens with ample storage and top quality appliances. The convenience is further enhanced by central parking within the development. Additionally, relish the advantages of a central location, providing effortless access to all essential amenities for prospective tenants. Restaurants, schools, and shops are all within close proximity, adding to the allure of this easy care investment opportunity in the up and coming San Antonio area. Seize the chance to enhance your portfolio with a property that combines practicality, style, and a prime location!
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Features
Building and Construction
  • Apartment Sqft: 745
  • Apprx Age: 101
  • Buildingcenter Name: SOUTHCROSS APARTMENTS
  • Construction: Wood, Stone, Rock/Stone Veneer, 4 Sides Masonry
  • Foundation: Slab
  • Roof: Composition
School Information
  • School District: San Antonio I.S.D.
  • School Tax: 29269.77
Garage and Parking
  • Num Total Parking: 46
Eco-Communities
  • Water/Sewer: 13440
Utilities
  • Air Conditioning: Central, Individual Meters
  • Gas And Electric: 2400
  • Heating: Central, Individual Meters
  • Number Of Rentals: 28
  • Number Of Units: 28
  • Rail Service: No
  • Utilities: Electricity, Gas, Water, Cable TV
  • Utility Supplier Elec: CPS
  • Utility Supplier Sewer: SAWS
  • Utility Supplier Water: SAWS
Finance and Tax Information
  • Annual Tax: 44400
  • Available W Lease: Yes
  • Days On Market: 232
  • Insurance: 9240
  • Net Operating Income: 279184
  • Other Expense: 28224
  • Other Tax: 720.48
  • Total Tax: 44399.97
Other Features
  • Contract: Exclusive Right To Sell
  • Flood Plain: None
  • Instdir: Head south on US-281 S, Take exit 138B for New Braunfels Ave W toward Southcross Blvd W, Turn right onto S New Braunfels Ave, Turn right onto E Southcross
  • Legal Description: NCB 8090 BLK LOT 32 & 33, EXC S 6.02 FT
  • Loading Facilities: None
  • Ph To Show: 210.880.7360
  • Restrictions: None
  • Sale Includes: Buildings, Land, Business, Equipment, Fixtures, Inventory
  • Views: 32
  • Zoning: MF-33
Owner Information
  • Owner Lrealreb: No