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 very well 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 the 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 TypeCommercial
- NeighborhoodN/A
- CountyBexar
- Taxes$14,277
- HOA/Condo/Coop Fees$0
- Days on Site14 Days
- MLS StatusActive
- MLS ID Number1809680
- Home Size Source Appraiser
- Year Built1984
- Lot Size0.367 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Wood SidingStucco
- Building Features Security SystemOutside StorageSecurity Fence
- Acreage 0.367
Interior Features
- Cooling CentralIndividual Meters
- Heating CentralIndividual Meters
Exterior Features
- Roof Composition
- Lot Corner1/4 - 1/2 AcreLevel
Community Features
- Building Features Security SystemOutside StorageSecurity Fence