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78228

San Antonio, Texas 78228

  • 32 beds
  • 16 baths
  • 11368 sqft

Description

🔥16 units across from Jefferson High🔥

 

1907 WILSON & 2007 WILSON

 

16 units across the street from Jefferson High School.

 

All units are 2/1 700SQFT each unit

 

60% of the rehab completed.

40% occupied

 

Possibilities are endless! Value Add!!

 

Market rents $850

 

New owner should target bringing all tenants up to market rents and incorporate utilities to get maximum NOI

 

Estimated

ARV $2.8 million after completed rehab and occupied.

 

The following renovations are currently taking place in the following units:

drywall, sheetrock, and painting are what the majority of the work looks like.

Some bathroom updates, backsplash, etc. Entire scope of work is to be

determined, Expected 350k+ in renovations for full rehab. Each building has one water meter coming in, so it will just depend on how new owner allocates the usage to each tenant. In both buildings, there are separate electrical disconnects so each tenant will be monitored and charged according to their own electrical usage.

 

See

attached google drive for more recent pictures and videos:

 

https://drive.google.com/drive/folders/1WZjsCPMK-4gEU50NnD88Q98BhRs1E4L2 

 

 

 

 YourBellaCapital@gmail.com

 

 

 



1907 Wilson       

 

Unit 1 (Vacant)      Unit 4 ($695/mo) 

-

Unit 2 (Vacant)

-

Unit 3 (Vacant)

-

Unit 6 (Vacant)

-

Unit 7 (Vacant)

-

Unit 8 (Vacant)

 

=

$695/mo

 

2007 Wilson

 

-

Unit 1 ($795/mo)

-

Unit 2 ($795/mo)

-

Unit 3 (Vacant)

-

Unit 4 ($695/mo)

-

Unit 5 (Vacant)

-

Unit 6 ($695/mo)

-

Unit 7 (Vacant)

-

Unit 8 (Vacant)

 

Total:

$2,980/mo

 

ASKING

$1,500,000

CD 10/06

EMD $15K

 

 

GIVE KRISTIN

CALL OR

SHOOT HER A TEXT MESSAGE FOR MORE INFO ON THIS OPPORTUNITY! (480-336-0347)

 

Please do your own due diligence. Property is being sold as-is and the buyer is to pay ALL closing costs. Price based on a cash or hard money offer. All properties offered are either owned by us, under contract and selling equitable interest, or offered in conjunction with a business associate. Agents, please add your commission to the sales price paid for by the buyer. NOTE: YOU ARE STRICTLY PROHIBITED FROM CONTACTING ANY SELLER OR OTHERWISE USING ANY INFORMATION PROVIDED TO YOU UNLESS YOU HAVE THE EXPRESS WRITTEN CONSENT OF ElevatedEquityLLC. Any property information received by you is proprietary information belonging to ElevatedEquityLLC and its affiliates. Any transaction consummated by you will be pursuant to an assignment of ElevatedEquityLLC's Contract. Any unauthorized contact will be considered INTENTIONAL INTERFERENCE with a contract and may result in legal action being taken against you. Buyers are asked to perform their due diligence.

Features

Property Facts

  • Purchase Price : $ 2M
  • After Repair Value : $ 3M
  • Property Type : Multi Family
  • Deal Type : Wholesale Deal
  • Year Build : 1950
  • Parking : Attached Garage
  • Lot Size : 23522 sqft
  • Zoning : Yes

Nearest Airport

  • San Antonio International Airport7.65 mi

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Posted By Off-Market Deals Guy 05:36 PM 24 Sep 2022