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Updated over 7 years ago,
San Antonio - CASH Flowing | 6 PLEX with VALUE ADD (20% NET CAP)
Cap rate on this 6-PLEX is amazing. 5/6 units are currently rented out and producing gross rents of $36,000/year. Located just South of downtown with close proximity to all major highways in San Antonio. Property can use painting in interior/exterior with simple remodel in each unit. Roof can also be repaired/replaced.
This is one of multiple investment opportunities I have to offer. If you an actively looking CASH investor looking in San Antonio I have properties. Please call or text me at - (210) 316-6953.
Unit Breakdown
1) 1/1 - $625/month
2) 1/1 - $625/month
3) 1/1 - $625/month
4) 1/1 - $625/month
5) 1/1 - $625/month
6) 2/1 - $700/month
Currently Producing
Gross Rents: $36,600/yearly
Tax: $3,900 yearly
Net: $31,500 ( subtracting taxes and $1200 insurance)
Potential to Produce
Gross Rents: $3,825 monthly / $45,900 yearly
Tax: $3,900 yearly
Net: $40,800 (subtracting taxes and a $1,200 estimated insurance)
PURCHASE PRICE: $150,000
Strictly a CASH or HM deal only; buyer pays all closing costs. Must be able to close quick.
Please DO NOT comment below to ask if it is available or for more info. If you are an actively looking cash investor with at least $50,000 liquid I have other deals - 2103166953.
"Faith is taking the first step even when you don't see the whole staircase."
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