*** Please email Gilbert in order to receive a complete sales packet on this property***
Commercial apartments is a 13 unit apartment complex located in the heart of south San Antonio. There is a nice even blend of unit mix. There are 7 1-Bedroom 1-Bath and 6 2-Bedrooms 1-Bath. The laundry facility which is NOT on a lease brings in additional revenue comparable to a 1 bedroom. Overhead maintenance and repairs have been maintained to a minimum. The property is nestled on the corner of McCauley Ave, and Commercial Ave, just 2 blocks north of SW Military. It has great access to major highways such as I-35 and US Hwy 90. Downtown San Antonio is approximately 15 minutes north along I-35. SW Military and Commercial is one of the busiest intersections in south San Antonio. The complex was recently painted to a unique color scheme of hunter green, navy blue, and black. Rayburn Elementary school is located 1 block south on the corner of Commercial and Rayburn. This provides great traffic for prospect tenants. The property has a great history of high occupancy, and has maintained 100% occupancy for months at a time. Recent renovations include exterior paint and fascia board replacement (where needed).
Commercial apartments can provide new owner(s) a stable form of cash flow with the potential of rent increases or utilities sub metering (water, waste water, or trash). Should you have any questions please contact Gilbert at 210.386.3706
Property Description
Listing Agent: Gilberto Vergara
Direct Line: 210.386.3706
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