119 Bank

San Antonio, TX 78204

About this property

119 Bank St, San Antonio, TX 78204. A rare opportunity in the booming Lone Star/Southtown corridor. 11 Units | $795,000 | 8.8 Cap Rate | All Bills Paid | NOI: $70,179.15 This multi-building compound features 11 rentable units, a central courtyard, and a flexible mix of unit types ideal for strong cash flow. Rear Building - 6 Units: Three 1-bedroom apartments and three efficiencies. Middle Courtyard Row - 3 Units: Two efficiencies and one 1-bedroom unit. One efficiency is currently vacant (market $695/mo). Front Buildings - 2 Units: * 3-bedroom/1-bath single-family home. * Two-story co-living house with 7 rentable bedrooms (4 currently rented) Financials: * Monthly income: $9,475 * Annual income: $113,700 * Operating expenses: $43,520.85 * Net Operating Income: $70,170.15 * 8.8 Cap Rate at List Price * All utilities included (owner pays water, electric, taxes, insurance) Investors you need to come see this one.

About this property

119 Bank St, San Antonio, TX 78204. A rare opportunity in the booming Lone Star/Southtown corridor. 11 Units | $795,000 | 8.8 Cap Rate | All Bills Paid | NOI: $70,179.15 This multi-building compound features 11 rentable units, a central courtyard, and a flexible mix of unit types ideal for strong cash flow. Rear Building - 6 Units: Three 1-bedroom apartments and three efficiencies. Middle Courtyard Row - 3 Units: Two efficiencies and one 1-bedroom unit. One efficiency is currently vacant (market $695/mo). Front Buildings - 2 Units: * 3-bedroom/1-bath single-family home. * Two-story co-living house with 7 rentable bedrooms (4 currently rented) Financials: * Monthly income: $9,475 * Annual income: $113,700 * Operating expenses: $43,520.85 * Net Operating Income: $70,170.15 * 8.8 Cap Rate at List Price * All utilities included (owner pays water, electric, taxes, insurance) Investors you need to come see this one.

Features and Additional Information

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$795,000 Pending
5,510 sqft

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Keller Williams Legacy
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Area Information

Bexar | Bexar County | S DURANGO/PROBANDT

$ 795,000
This listing is play_arrow 354.3% higher than the average in the area
$ 175,000 in the area
5,510 SqFt
This listing is play_arrow 475.8% larger than the average in the area
957 SqFt in the area
$ 144 $/SqFt
This listing is play_arrow 21.1% less than the average in the area
$ 183 $/SqFt in the area
269 days on site
This listing is play_arrow 129.9% above the average in the area
117 days on site in the area

Schools in the Area

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    Elementary School
    Briscoe
  • turned_in
    Middle School
    Harris
  • turned_in
    High School
    Burbank
Listed By Arthur Sable
Brokerage: Keller Williams Legacy

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