The townhomes are divided into 6 different building, and has nearly 42,000 square feet of rental space. There is still some potential for more income to be made. Rents are approximately 10% under market value, water and gas can get submetered. There has been a recent increase in rents, which has not affected the occupancy rate at the complex. There are 2 laundry facilities on site a maintenance room, and a swimming pool.  The property is situated with quick access to interstates 37, highway 90 and minutes await from I-410. This is a thriving area for San Antonio the new Toyota plant will be approx. 7 miles away.  According to toyota.com, the new plant will bring in 2,000 new jobs directly and many more indirectly. There is also access to the VIA transit system.  Lasses offers a nice blend of apartments, 20 - 1-Bedroom, 20 - 2-Bedrooms, and 4 - 3-Bedrooms, and they are all 2 story style townhomes. Please note that the property has been owner managed and maintained. Although the owner has had plenty of experience in maintenance repairs we encourage anyone interested to perform an inspection at the buyers discretion. 

Lasses Townhomes is a 44 unit townhome style apartment community. Every apartment is a 2 story, with a 1/2 bath downstairs. The square footage for each apartment far exceeds the surrounding apartments. In late 2005 and early 2006 the complex went under some heavy renovations and upgrades. The majority of the upgrades were out of an outdated, mismanaged property that accumulated deferred maintenance over time. Some of the repairs that were done were: Exterior landscaping, gutters, exterior paint, remodeled about 75% of the units, new management, asphalt repaired, and others.

Listing Agent: Gilberto Vergara 
Direct Line: 210.386.3706