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.
| MLS # | 2005283 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1920 |
| Days On Site | 24 |
| Listing Provided By | Dalton Wade, Inc | Mustafa Burhani |
| SQ Feet | 1,846 |
|---|---|
| Units | 3 |
| Acreage | 0.17 |
| Heating Fuel | Electric |
|---|
| Exterior | Siding |
|---|---|
| Exterior Features | Covered Patio |
| Tax Property Id | 077120240090 |
|---|---|
| Taxed By Mltpl Counties | No |
| Total Tax | 535458 |
| State | TX |
|---|---|
| County | Bexar |
| City | San Antonio |
| Zip Code | 78214 |
| Area | Bexar |
| Community Name | HARLANDALE |
| School District | Harlandale I.S.D |
| Elementary School | Gilbert |
| High School | Harlandale |
| Listing VS Median (in HARLANDALE) | |
Price: $227,000 low | high Med: $132,800 sqft: 1,846 low | high Med: 560 $ / sqft: $123 low | high Med: $237 On site: 24 low | high Med: 10 | |
| State | TX |
|---|---|
| County | Bexar |
| City | San Antonio |
| Zip Code | 78214 |
| Area | Bexar |
| Community Name | HARLANDALE |
| School District | Harlandale I.S.D |
| Elementary School | Gilbert |
| High School | Harlandale |
| Listing VS Median (in HARLANDALE) | |
Price: $227,000 low | high Med: $132,800 sqft: 1,846 low | high Med: 560 $ / sqft: $123 low | high Med: $237 On site: 24 low | high Med: 10 | |