$795,000

This 8-unit apartment complex is conveniently situated a little over one mile away from Saint Mary's University in San Antonio, Texas. Enjoy some hiking or bike riding thru the Trailhead to visit Alderete Park, Monterrey Park and Rosedale Park. Connector entrance is within walking distance of the complex. All units have the same floor plan with similar finish outs. They all have 1 bedroom, 1 bath, walk-in closet, eating area, living room and fully equipped kitchen. Several units have been updated with flooring, paint, new appliances, and newer window units and are ready for new tenants to move in. The property currently has R-6CD zoning and a Certificate of Occupancy for 8 units. The current owners planned to explore the possibility of rezoning the property to build additional units if permitted. It would also be an ideal location to expand parking area, add storage and/or to create an outdoor area for tenants. There are many possibilities for this oversized lot and new ownership can create their own vision. Although property improvements are currently being made, a partnership change has made these units immediately available for a quick sale along with others, AS-IS and priced accordingly. Full marketing packages on all of these available properties can be provided upon request.