Investment Property: 6 Unit Multi-Plex in Beacon Hill, 78212

 Note: This post was featured on the Invest San Antonio Blog

This investment property is a 6 unit multi-family located in the Beacon Hill neighborhood of central San Antonio, 78212.  6 efficiency units, each around 500 square feet.  All units are currently vacant and ready for rehab.  The bones of this building are solid, the budget alots $5000 per unit for renovations and additional $5000 for concrete and landscaping work on the exterior.  Conservatively these units will rent for $450 per month, putting the cap rate at 25%.  This building is a money-maker. Close to Chris Madrid's, San Antonio College, Incarnate Word, and Trinity University, apartments in this area lease quickly.  For more information or to schedule a showing contact Seth Teel: 210-628-9373.

Seth Teel is a licensed agent for New Western Acquisitions. I specialize in investment property, REOs, foreclosures, sales, acquisitions, rentals, auctions, estate sales, and all types of real estate investment. Call: 210-628-9373 or Email: [email protected]

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