118 Compton AveSan Antonio, TX 78214

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.

Property Information

Property type

Residential Income

Sub-type

Multi Family

Style

Two Story

Year built

1920

Stories

2

Living area

1,846 Sq Ft

Lot size

0.17 acres

Days on market

66

MLS^® Listing#

2005283

Property Features

Cooling

Window Unit(s) · Wall/Window Unit(s)

Heating

Electric · Other

Flooring

Wood

Patio

Covered

Roof

Composition

Schools

Elementary

Gilbert

Middle

Harlandale

High

Harlandale

District

Harlandale I.S.D

Financial Details

HOA

None

Annual taxes

$535,458

Parcel number

077120240090

Directions

From I-35, exit Division Ave. Head east on Division, turn right on S Flores, then left on Compton Ave. The property will be on the right.