500 Burton San Antonio, TX 78221
Opportunity Knocks. Built in 1984, this cashflow positive 12 unit apartment community has room to add value for an increased NOI. With a new roof in 2022, and a restriped resealed parking lot, new fence, new courtesy cameras, and an exterior facelift in 2023, this property has been well very maintained, with several major recently completed improvements. 9 of 12 units have been updated with new flooring, paint and other cosmetic touches. All units have individual electric meters, water heaters, and central HVAC systems. The onsite laundry facility, green space, and picnic area make residents feel right at home. Value add opportunities include updating 3 classic units, adding an additional washer and dryer to eh laundry facility, offering premium parking, trash porter service, cable package, converting the green space into a dog park or BBQ pit, and converting the apartments into an "All Bills Paid" community.
- Property TypeMulti-Family
- NeighborhoodSan Jose Townsite
- CountyBexar
- Taxes$14,278
- HOA/Condo/Coop Fees$0
- Days on Site0 Days
- MLS StatusActive
- MLS ID Number1809477
- Home Size Source Appraiser
- Year Built1984
- Lot Size0.367 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Stucco
- Sewer Public Sewer
- Acreage 0.367
- Property Sub Type Multi Family
Interior Features
- Cooling Unit Central
- Heating ElectricCentral
- Flooring CarpetingVinyl
Exterior Features
- Roof Composition
- Exterior Mature TreesCable T V AvailableLevel