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Updated over 7 years ago,

User Stats

251
Posts
70
Votes
Gabriel Esparza
  • Real Estate Agent
  • San Antonio, TX
70
Votes |
251
Posts

San Antonio - CASH Flowing | 6 PLEX with VALUE ADD (20% NET CAP)

Gabriel Esparza
  • Real Estate Agent
  • San Antonio, TX
Posted

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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Offering

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