$698,000
1246 Waverly Ave, San Antonio, TX 78201
Current Rent **
$6,464
Projected Rent **
$6,564
Unit 1 Details
- Current Rent: $3,164
- Bedroom: 3 bd
- Bathroom: 1 ba
- Square Footage: 1250 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: No
Unit 2 Details
- Current Rent: $1,700
- Bedroom: 1 bd
- Bathroom: 1 ba
- Square Footage: 750 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: No
Unit 3 Details
- Current Rent: $1,600
- Bedroom: 1 bd
- Bathroom: 1 ba
- Square Footage: 800 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: No
Triplex 1 Block Away from Lake, Zoned RM-4 with land space to build a tiny house, 9% Cap Rate
Cash flowing triplex, 9% Cap Rate, 1 block away from Woodlawn Lake with partial Lake View from each unit. 2 units renting mid-term with 3-12 month leases, 1 renting short term. (Currently listed on MLS with a 1-day Agent cancellation clause, contact me for investor pricing)
Location is 10 minutes from the Riverwalk/Pearl, with quick access to the Medical Center, Seaworld, Six Flags.
Re-Zoned RM-4 last year, with the ability to build another Tiny House. All 3 units Rehabbed and Furnished (~400K) and no HOA, gross annual income of $80.7K and a Net Operating Income of $63K. Back two units established MTR's with 3-12 month leases, front unit renting short term. Sale includes all furniture, STR consumables inventory and local contractor list.
Unit #101 - airbnb.com/h/waverlylakehouse
Unit #201 - airbnb.com/h/waverlysurfhouse
Unit #301 - airbnb.com/h/waverlyoceanhouse
youtu.be/X3FGyuckCU0?si=iNxMh-Wi-9iG1UnQ
Location:
1246 Waverly Ave, San Antonio, TX 78201
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** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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