In the process of buying a duplex in Beacon Hill.... thoughts on the area?
Hi everyone. Out of state and recently went live with an offer for a duplex in beacon hill. Does anyone in the san antonio area have insight on beacon hill? My reserch is kind of mixed... seems like its a cute part of town but theres issues with it being close to the HWY, train tracks, and that sometimes it can be rough. I heard that theres alot of investors coming in rennovating the homes. Olmos park and alta vista is close by and I think thats a pretty good part of SA right?
Hey @Paloma Carmen - I sent you a PM.
I own and manage my own 4 unit in Beacon. To your point, proximity to highway is something to monitor and I typically would like to stay south of Hildebrand as well. You won’t quite pay Alta Vista prices for the asset, and also to your point, yes, you’ll see a lot of buildings being fixed up around Beacon.
The tenant base is usually young professionals or sometimes students and I have not had more than a week here or there of vacancy in years.
Great pocket to invest! Best of luck on a smooth transaction for you!
Hi @Aaron Francl, thank you for the response. Your input is greatly appreciated! Also, what is Blanco Road like? My house would be close by and I hear that there are some nice restaurants down there.
It's on my small radar of communities to invest in. Been proposed a lot of possible fix & flips, passed simply cause we're already under so many and I'm trying to get more properties in other areas. If it's a good price and not super close to highway--it'll be a good long term investment.
Quote from @Paloma Carmen:You got it. Blanco is a main North/South road, I use it all the time in that area. Yes, it does have a few restaurants off it including some great taco spots off Blanco & Hildebrand.
Hi @Aaron Francl, thank you for the response. Your input is greatly appreciated! Also, what is Blanco Road like? My house would be close by and I hear that there are some nice restaurants down there.
As far as investments, nearness to Blanco is good. That’s starting to creep into Alta Vista, and you’re off the western highway portion of the neighborhood a bit.