2807 Observation, San Antonio, TX 78227
- $850,000
- 5,800
- SqFt
- List Price
- $850,000
- MLS#
- 1949529
- Status
- ACTIVE
- Type
- Multifamily
- Year Built
- 1973
- Acres
- 0.22
- Living Area
- 5,800
- County
- Bexar
- City
- San Antonio
- Subdivision
- Other
Property Description
Fully renovated 8 unit apartment building in the heart of San Antonio's Lackland AFB corridor one of the city's most best workforce housing submarkets. All units are two bedroom floor plans currently renting between $1,100-$1,300 per month with 7 of 8 units leased. Cash flowing from day one. The 2024 renovation was comprehensive: Replaced: roof, HVAC, new windows, LVP flooring, bathrooms, kitchens and appliances, granite-style countertops and cabinetry, drywall, fresh paint inside and out, doors, hardware, plumbing, and lighting throughout. Zero deferred maintenance.
Additional Information
- Gross Annual Income
- 125000
- Lot Size
- 9,713
- Foundation
- Slab
- Roof
- Composition
- Exterior
- Siding
- School District
- Northside
- Elementary School
- Westwood Terrace
- Middle School
- Jones
- High School
- John Jay
Mortgage Calculator
Listing courtesy of Listing Agent: Scott Malouff (scottmalouff@gmail.com) from Listing Office: Keller Williams Heritage.
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