$550,000
0000 Private Inquiry, San Antonio, TX 78285
Current Rent **
N/A
Projected Rent **
$5,000
*Investment Opportunity: Prime Mixed-Use Commercial Property*
*Investment Opportunity: Prime Mixed-Use Commercial Property*
Unlock the potential of this hidden gem in the heart of bustling commerce. With a disposition price of under $550k and significant growth opportunities, this off-market property is a savvy investor's dream.
*Property Overview:*
- *Location:* Strategically positioned with 106' frontage on Santa Anna St and 133' on West Ave, attracting both foot traffic and loyal clientele from the neighborhood.
- *Income Streams:* Featuring three retail units and three long-term residential apartment tenants, ensuring diversified revenue streams.
- *Unique Features:* Stand out with a 16-foot-high billboard and a striking 15-foot-high marquee, maximizing visibility and advertising potential.
- *Parking:* Offering 16 free surface spaces, with a ratio of 3.91/1000 SF, catering to the convenience of customers and tenants alike.
*Investment Potential:*
- *Revenue Enhancement:* Benefit from NNN asking rents per SF ranging from 16-19, with an average peer market rent of $18.04.
- *Cap Rate:* With a CAP rate of 9.5% at $17, seize the opportunity for substantial returns on investment.
- *Value-Adding Opportunities:* Enhance property value through separate metering, fixture updates, fresh coats of paint, mailbox upgrades, and landscaping improvements.
Don't miss out on this chance to capitalize on a well-positioned asset with untapped potential. Contact us now to seize this lucrative investment opportunity!
*Call me at 956 607 8585 *
Looking to seize lucrative investment opportunities? Join my exclusive investor list today to gain instant access to 10+ off-market properties, with new deals rolling in every day. Don't miss out on the chance to secure properties significantly below market value for maximum profits!
Get Access: https://www.newwestern.com/agent/tom-ochoa/
Tom Ochoa
New Western
License #803961
(956) 607-8585
https://linktr.ee/tomochoa
Location:
0000 Private Inquiry, San Antonio, TX 78285
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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.
** 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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