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$ 525,000
Est. payment | /mo
9,519 SqFt
$ 525,000
Est. payment | /mo
9,519 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Improved Prop
Listing Status Active
Purchase Type For Sale
Square Footage 9,519 sqft
Price per Sqft $55
MLS Listing ID 1863171
Construction Status Wood,Brick
Year Built 1980
Annual Tax Amount $20,714
Lot Size 0.826 Acres
Property Sub-Type Commercial Improved Prop
Property Description
Introducing a unique investment opportunity in the heart of Pleasanton; a remarkable complex of 14 duplexes, totaling 28 units and management office, located in a growing community. This multi-family listing boasts an impressive full occupancy rate, for the last 20+ years, reflecting the high demand for rental units in this area. With tenants in place, you benefit from established relationships that foster a sense of community while reducing turnover-related costs. This is a HUD Section 8 Project Voucher facility for the elderly and disabled. It is in compliance with all HUD regulations, with most recent audit scores of Above Average for its Management Occupancy Review (MOR) and a score of 88 for the last Real Estate Assessment Center (REAC) Audit. Whether you're looking to diversify your portfolio, generate passive income or enter the world of real estate investing, this multi-family complex could be exactly what you are looking for. Opportunities like this don't last long!
Location
State TX
County Atascosa
Area 2900
Zoning RESIDENTIAL
Interior
Heating Central
Cooling Central
Exterior
Garage Spaces 8.0
Utilities Available Electricity, Water
Roof Type Composition
Building
Construction Status Wood,Brick
Schools
School District Pleasanton
Others
Acceptable Financing Exchange, Cash, Conventional
Listing Terms Exchange, Cash, Conventional
Listed by Sara Seewald • Dowdy Real Estate, LLC • (210) 663-0704
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