118 Compton Ave, San Antonio, TX 78214
- $227,000
- 1,846
- SqFt
- List Price
- $227,000
- MLS#
- 2005283
- Status
- NEW
- Type
- Multifamily
- Year Built
- 1920
- Acres
- 0.17
- Living Area
- 1,846
- County
- Bexar
- City
- San Antonio
- Subdivision
- Harlandale
Property Description
118 Compton Ave is a three-unit multifamily property in San Antonio, TX, offered as a value add investment opportunity. The property currently has only 1 of 3 units occupied, which has suppressed in-place income relative to the asset's true earning potential. For an investor willing to complete lease up, the proforma reflects a fully stabilized property with strong cash flow and a healthy cap rate making this a compelling opportunity for both first time investors seeking a manageable entry point and experienced operators looking to add a straightforward value add asset to their portfolio. The layout also suits an owner occupant buyer, who could live in one unit and rent out the other two to help offset living expenses and build equity.
Additional Information
- Gross Annual Income
- 31200
- Lot Size
- 7,187
- Roof
- Composition
- Exterior
- Siding
- School District
- Harlandale I.S.D
- Elementary School
- Gilbert
- Middle School
- Harlandale
- High School
- Harlandale
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Listing courtesy of Listing Agent: Mustafa Burhani (burhani.a.mustafa@gmail.com) from Listing Office: Dalton Wade, Inc.
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