3118 W Gerald Ave, San Antonio, TX 78211 | MLS 1559457 | Listing Information | San Antonio Real Estate-SABOR-San Antonio Board Of Realtors®
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3118 W Gerald Ave,  San Antonio TX, 78211 (Residential)

Status: Active
MLS#: 1559457
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Last Updated: 9/16/2021 5:00 PM
Description for 3118 W Gerald Ave San Antonio, TX 78211
This is a great 7 unit apartment complex for an investor looking to cash flow. All units are currently rented, no vacancies and everyone is on a lease until 4/30/2022. Foundation was fixed, water lines were replaced, all units upstairs were completely remodeled, all window A/Cs were replaced 2 years ago. Shed on the property for additional storage or potential 8th unit and property has been fully stabilized with monthly NOI of $3,719. We are selling at a 7.5 cap rate. This property won't last long! See it today.
Price
$594,800
N/A
Bexar
1559457
Active
Description
This is a great 7 unit apartment complex for an investor looking to cash flow. All units are currently rented, no vacancies and everyone is on a lease until 4/30/2022. Foundation was fixed, water lines were replaced, all units upstairs were completely remodeled, all window A/Cs were replaced 2 years ago. Shed on the property for additional storage or potential 8th unit and property has been fully stabilized with monthly NOI of $3,719. We are selling at a 7.5 cap rate. This property won't last long! See it today.
Listing Information
Property Type: Multi-Family, 2 Story
$0 1913 2
Other
N/A
UNKNOWN
Neighborhood
School Information
District: CALL DISTRICT
Call District Call District Call District
Room Information
Interior Features
Vinyl, Laminate, Carpet
Window/Wall Unit
Gas Heat, None
Exterior / Lot Features
Other
Composition
Driving Directions
Continue on I-410 W. Take I-10 E to General Hudnell Dr in San Antonio. Take the Texas 371 Spur/Gen Hudnell Dr exit from US-90 W 13 min (13.2 mi) Continue on General Hudnell Dr. Take Quintana Rd to W Gerald Ave.
Financial Considerations
$8,302
Conventional,FHA,VA,Cash
Listing Price History

San Antonio Real Estate

San Antonio is located in Texas. San Antonio, Texas 78211 has a population of 1,485,303.

The median household income in San Antonio, Texas 78211 is $36,913. The median household income for the surrounding county is $58,016 compared to the national median of $61,963. The median age of people living in San Antonio 78211 is 35 years.

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Courtesy: Hillary Romero - White Line Realty
This content last refreshed on 9/16/2021 5:00 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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