119 Bank St, San Antonio, TX 78204. A rare opportunity in the booming Lone Star/Southtown corridor. 11 Units | $795,000 | 8.8 Cap Rate | All Bills Paid | NOI: $70,179.15 This multi-building compound features 11 rentable units, a central courtyard, and a flexible mix of unit types ideal for strong cash flow. Rear Building - 6 Units: Three 1-bedroom apartments and three efficiencies. Middle Courtyard Row - 3 Units: Two efficiencies and one 1-bedroom unit. One efficiency is currently vacant (market $695/mo). Front Buildings - 2 Units: * 3-bedroom/1-bath single-family home. * Two-story co-living house with 7 rentable bedrooms (4 currently rented) Financials: * Monthly income: $9,475 * Annual income: $113,700 * Operating expenses: $43,520.85 * Net Operating Income: $70,170.15 * 8.8 Cap Rate at List Price * All utilities included (owner pays water, electric, taxes, insurance) Investors you need to come see this one.
Courtesy of Keller Williams Legacy
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