All Forum Posts by: Lance Lubke

WHOLESALE MULTI-FAMILY! Four plex, downtown in HOT Five Points area. Built in 1930, these rooms are HUGE. Two 2/1 and two 1/1 add up to 3930sf. Apartments are large with 12 ft ceilings, original mouldings, clawfoot tubs, and all the charm of an old home. Street parking on cul de sac.
Original hardwoods in great condition, need sanding/refinishing. Total cosmetic job needed. Recommend HVAC, new windows installed. Foundation leveling and exterior repair/paint needed. 3 units currently rented.
Rehab rents at 1/1 for $950 and 2/1 for $1050. ARV $480,000, rehab $145,000 (everything!), purchase $260,000. Closest comp is 502 E Laurel, MLS #1275006. 3238sf, all 1/1s renting for $1050, sold $465,000 nicely rehabbed. WONDERFUL option to build an Airbnb complex to cash flow like a king. 402 W Elmira, 78212.

Contact Anita at 210-865-8040.

Sitting on a hill in the middle of San Antonio, this home is made for entertaining!

Gorgeous 5257sf, 5 bedroom, 5 bath executive home in need of minimal repairs and with significant profit potential for your work.

Location, location, location! Located off 281 and Bitters in Bluffview Estates, home is centrally located with access to everything. BUT, it's location on a hill makes it super quiet with stunning views.

Sitting on .45 acre, two story house with upgrades everywhere. High end Bosch appliances. wood shutters, crown moulding and paneling throughout, wood floors, granite countertops, open floorplan are just the beginning.

Mother-in-law suite downstairs, elevator on property, great pool surrounded by lush backyard, large extra media room upstairs opening up to large balcony perfect for entertaining, views of Silverhorn Golf Club and tree tops for miles as it sits high on a hill. This is an easy sell once finished.

Rehab: New carpet throughout, interior/exterior paint, pool repair, landscaping, and minor cleanup/repairs. We estimate $45,000 to get back to prime condition to sell at $750,000.  Redo/spruce up the bathrooms, upgrade some of the finishes for $60,000 and sell for $790,000

PERFECT for someone who wants to live in house. Walk in with HUGE equity.  

CONTACT ANITA LUBKE AT 210-865-8040 for questions

Please contact [email protected].  

Fully licensed Residential Assisted Living Facility located in San Antonio, TX available for purchase or equity investor. Licensed for 6, the property can undergo a zoning change to accommodate 9 with 3 shared rooms and 3 private rooms for residents. Full time care staff in place to assist residents with activities of daily living including meal prep, medication management and bathing. Home was fully renovated in 2016 and opened its doors in November 2016.

Located in a city with 3 military bases and a large VA hospital, San Antonio is poised to benefit from the changing demographic of an aging population. SA metro area currently has 2.4m people and is home to major employers such as USAA, Rackspace, and the largest medical community serving central and south Texas. The home is located in an area of San Antonio where competition is limited.

Seller is open to a complete sale, including real estate, intellectual property, technology, furniture/fixtures, all necessary policies and procedures to truly take on a turnkey operation. However, seller prefers a partnership opportunity where the existing management staff will stay on in some capacity. Our team currently consists of the owner who manages the real estate, financials, and holds the license, a pharmacist, a hospice professional, a full time Facility Manager and a contracted Medical Director.

Asking price for full sale is $532,000. Partnership opportunity negotiable, but target $200,000 for a 30-35% ownership position.

Now is your chance to be a part of a growing business model but skip the yearlong development phase and leverage our work, knowledge and experience. A true turnkey business operation with significant profit potential.

Please post or email with questions and Anita Ortiz Lubke will respond.

Fully licensed Residential Assisted Living Facility located in San Antonio, TX available for purchase or equity investor. Licensed for 6, the property can undergo a zoning change to accommodate 9 with 3 shared rooms and 3 private rooms for residents.  Full time care staff in place to assist residents with activities of daily living including meal prep, medication management and bathing.  Home was fully renovated in 2016 and opened its doors in November 2016.

Located in a city with 3 military bases and a large VA hospital, San Antonio is poised to benefit from the changing demographic of an aging population. SA metro area currently has 2.4m people and is home to major employers such as USAA, Rackspace, and the largest medical community serving central and south Texas. The home is located in an area of San Antonio where competition is limited.

Seller is open to a complete sale, including real estate, intellectual property, technology, furniture/fixtures, all necessary policies and procedures to truly take on a turnkey operation.  However, seller prefers a partnership opportunity where the existing management staff will stay on in some capacity.  Our team currently consists of the owner who manages the real estate, financials, and holds the license, a pharmacist, a hospice professional, a full time Facility Manager and a contracted Medical Director.

Asking price for full sale is $532,000.  Partnership opportunity negotiable, but target $200,000 for a 30-35% ownership position.   

Now is your chance to be a part of a growing business model but skip the yearlong development phase and leverage our work, knowledge and experience.  A true turnkey business operation with significant profit potential.

Please post or email with questions and Anita Ortiz Lubke will respond.

WHOLESALE 1/2 ACRE CLOSE TO DOWNTOWN ZONED MF-33. So many options with this property that sits south of Historic Lavaca across I10 and west of Highland Park on Hwy 281. Revitalization heading that way with extension of Riverwalk and the Missions. .484 acres in a quiet residential neighborhood. Already zoned MF-33, you can easily build multi-family and build a cash cow. Build 10-15 units with 1/1 going for $450, 2/1 for $600 and 2/2 for $750 in the area. The property has a GORGEOUS 2000 sf home built in 1940 that needs considerable work but could be turned into a duplex or quadplex. Great historic details including crystal chandeliers, glass doorknobs, vintage doors and 10 ft ceilings. Or tear it down and build new. Just off S Hackberry with easy access to I10 and 281. Please do your own ARV as this house is by far the largest in the area on the largest lot and with with unique details. Considerable value in the lot. Ask $125,000. Contact Lance Lubke at 210-865-8050 for a showing. 312 Mebane, 78233 http://312mebane.strikingly.com

312 Mebane Website

Great rental property and minimal rehab needed to main house. Cute as a button 2 bedroom, 1 bath, approx 1000sf. Inside just needs fresh coat of paint, new appliances, refinish bathtub, and a cleaning. Gleaming wood floors are gorgeous. HVAC is working fine and roof in good condition. Garage needs work. Either repair existing structure and lay new pad, or tear down and put a carport with a gravel pad. Repairs estimated at $10,000.

Priced at $8500

ARV $120,000

Rent $950

MARY AT 361-215-6115

ANITA AT 210-865-8040

Realtors Welcome but add commissions into your price!

http://1539ridgewood.strikingly.com/

Great rental property and minimal rehab needed. 3 bedroom, 2 bath, approx 1012sf.

Just needs TLC to make rent ready, including interior paint, new appliances, and a good cleaning. Roof cork flooring in good condition. Small backyard shed and carport. No central HVAC but two working wall units. Repairs estimated at $4000.

Priced at $60,000

ARV $77,000

Rent $875

LANCE AT 210-865-8050

ANITA AT 210-865-8040

Realtors Welcome but add commissions into your price!

PHOTOS:  http://www.4315silverlake.strikingly.com

This is a nice rental ready property new carpet,  Comps have rent at $850- $1100 for the area.  I have this as a probate wholesale and time ( Augaust 19th) is getting close to deadline.  I will buy and resale if the deal cannot be done by Friday.  more negotiable now..

Appraisal last week in hand now on property $93,500.00, comps on MLS closer $105,000.00

Call Lance Lubke @ 210-865-8050

Thanks