Campus Condo purchase?

[Timothy Edwards]

Has anyone had luck with campus apt or condo purchases, as in purchasing just one unit? Apt for sale across the street from University of Texas San Antonio campus, which is downtown and very close to Marketplace and the riverwalk. Asking is $105k, dropped $10k April 11 from original $115k asking price. 2bd, 2 bath, 1,044 sq ft. Built 1982 but looks to be updated. Ceramic tile throughout, fireplace, ground level end unit. Double vanity in master and walk-in closet. Rent comps are conservative at $750, up to $850-900. Literally, only upgrades "needed" could be quartz countertops in kitchen, paint (if I go from eggshell to designer?? - question in itself!), and maybe redress kitchen cabinets. Everything else appears to be dead-on. FYI listing 92 days old. Any thoughts? Price consideration?

Thanks in advance!

Tim Edwards