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500 Burton , San Antonio, TX 78221
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500 Burton
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Priced at Only: $1,350,000
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Address: 500 Burton , San Antonio, TX 78221
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  • MLS#: 1809477 ( Multi-Family (2-8 Units) )
  • Street Address: 500 Burton
  • Viewed: 23
  • Price: $1,350,000
  • Price sqft: $172
  • Waterfront: No
  • Year Built: 1984
  • Bldg sqft: 7854
  • Days On Market: 60
  • Additional Information
  • County: BEXAR
  • City: San Antonio
  • Zipcode: 78221
  • Subdivision: San Jose Townsite
  • District: Harlandale I.S.D
  • Elementary School: Bellaire
  • Middle School: Terrell Wells
  • High School: Mccollum
  • Provided by: Spring House Realty
  • Contact: Jordan Brandt
  • (817) 600-2400
  • San Antonio, TX MLS IDX
  • DMCA Notice
  • Description
    Opportunity Knocks. Built in 1984, this cashflow positive 12 unit apartment community has room to add value for an increased NOI. With a new roof in 2022, and a restriped resealed parking lot, new fence, new courtesy cameras, and an exterior facelift in 2023, this property has been very well maintained, with several major recently completed improvements. 9 of 12 units have been updated with new flooring, paint and other cosmetic touches. All units have individual electric meters, water heaters, and central HVAC systems. The onsite laundry facility, green space, and picnic area make residents feel right at home. Value add opportunities include updating 3 classic units, adding an additional washer and dryer to eh laundry facility, offering premium parking, trash porter service, cable package, converting the green space into a dog park or BBQ pit, and converting the apartments into an "All Bills Paid" community.
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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   Monthly -
Features
Building and Construction
  • Apprx Age: 40
  • Builder Name: N/A
  • Construction: Pre-Owned
  • Exterior Features: Stucco, Siding
  • Flooring: Carpeting, Vinyl
  • Foundation: Slab
  • Other Structures: Other, Shed(s), Storage
  • Roofing: Composition
  • Source Sqft: Appsl Dist
  • Total Number Of Units: 12
School Information
  • Elementary School: Bellaire
  • High School: Mccollum
  • Middle School: Terrell Wells
  • School District: Harlandale I.S.D
Eco-Communities
  • Water/Sewer: City
Utilities
  • Air Conditioning: Unit Central
  • Heat: Central
  • Heating Fuel: Electric
  • Meters: Separate Electric, Common Water
  • Recent Rehab: Yes
Finance and Tax Information
  • Annual Operating Expense: 51000
  • Days On Market: 44
  • Home Owners Association Mandatory: None
  • Net Operating Income: 91500
  • Total Tax: 14277
Other Features
  • Block: 51
  • Contract: Exclusive Right To Sell
  • Instdir: From down town, Get on I-10 E I-35 S from S Flores St. Follow I-35 S to Interstate 35 Access Rd. Take exit 150B from I-35 S. Continue on Interstate 35 Access Rd. Take SW Military Dr to Burton Ave.
  • Legal Desc Lot: 1&2
  • Legal Description: NCB 9335 BLK 51 LOT 1&2
  • Op Exp Includes: Taxes, Insurance, Maintenance, Management, Licenses/Permits, All Utilities, Equipment, Services, Miscellaneous
  • Ph To Show: (817)600-2400
  • Salerent: For Sale
  • Style: Two Story, Traditional
  • Views: 23
  • Zoning: R-6 CD
Owner Information
  • Owner Lrealreb: No
Similar Properties

Details for 347 Ware Blvd, San Antonio, TX 78221
$1,400,000.00 ($101.45 / sqft )

347 Ware Blvd Foreclosure More Like This

Property is 24 units each are 1 bedroom/1 bath/575 sqft. The value add for this facility is the lot being over 1 acre and only 1/2 of it being used. The zoning is MF 33, so 9 more units can be built

  1. Request Information
  1. Approx. 13800 sqft
  2. Approx. 1.04 acres
  1. MLSID: 1720108
  2. Provided by eXp Realty
  3. Contact Todd Spears
  4. (210) 885-1522
  5. San Antonio, TX MLS IDX
  6. DMCA Notice
27 Pictures and Information
Nearby Subdivisions
Harlandale   Kingsborough Ridge   San Jose Townsite   Unknown