127 SANDMEYER ST, San Antonio TX 78208

Sold
MLS# 1168000

$229,000

$66/ft²
  • 1/1Unit(s)
  • .14acres
  • 3496square feet
  • 1926year built

Get on the phone with one of San Antonio's Top Broker 512-786-1515

  • School District San Antonio I.S.D.
  • Elementary Call District
  • Middle Call District
  • High Call District
  • Property Type Complex(5+)

3-story, 8-Unit Multifamily property. First Floor: One 1 Bedroom, Two Studios. Second Floor: One 1 Bedroom, Two Studios. Third Floor: Two small 1 Bedrooms (need repairs, vacant, anticipated lease rate $400/mo each). CAP rate at 10.5% is pro-forma with the third floor units leased. Actual NOI in the last 12 months is $11,307.26. Opportunity to shift elec to tenants and increase NOI by $6,600. Very close to Fort Sam Houston, Dignowity Hill and South Broadway. Great access from IH-35

Listed by Exquisite Properties, LLC

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Sep. 1