218-22 Merida St, San Antonio TX 78207

Sold
MLS# 848699

$310,000

$40/ft²
  • 2/1, 2/1, 2/1, 2/1, 2/1, 2/1, 2/1, 2/1Unit(s)
  • .42acres
  • 7785square feet
  • 1987year built

Get on the phone with one of San Antonio's Top Broker 512-786-1515

  • School District San Antonio I.S.D.
  • Elementary Storm
  • Middle Cooper
  • High Burbank
  • Property Type Complex(5+)

THIS IS A GREAT TURN-KEY INVESTMENT PROPERTY. TEN PROFIT-MAKING UNITS! THE NUMBERS MAKE SENSE. NEW ROOFS IN MARCH 2010. BUYER MUST PAY OWN SURVEY. CONTRACTS WILL BE REVIEWED BY ATTORNEY FIRST. 218 & 222 MERIDA SOLD TOGETHER. COMMON WATER METER; SEPERATE ELECTIRICTY METERS. NO SHOWINGS - MAKE CONTRACT SUBJECT TO INTERIOR INSPECTION. WITH 20% DOWN, PRO FORMA CAP RATE: 12.25%; PRO FORMA CASH-ON-CASH RETURN: 29.34%.

Listed by RE/MAX North-San Antonio

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Sep. 1