119 Bank, San Antonio, TX 78204
119 Bank, San Antonio, TX 78204
119 Bank, San Antonio, TX 78204
119 Bank, San Antonio, TX 78204
119 Bank, San Antonio, TX 78204
119 Bank, San Antonio, TX 78204
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Randy Rodriguez

Randy Rodriguez

+1(210) 412-3592
$ 795,000
Est. payment | /mo

8 Beds

8 Baths

5,510 SqFt

Save
$ 795,000
Est. payment | /mo
Save

8 Beds

8 Baths

5,510 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Back on Market

Purchase Type For Sale

Square Footage 5,510 sqft

Price per Sqft $144

Subdivision S Durango/Probandt

MLS Listing ID 1926651

Style One Story

Bedrooms 8

Full Baths 8

Construction Status Pre-Owned

Year Built 1949

Annual Tax Amount $17,852

Lot Size 9,626 Sqft

Property Sub-Type Multi-Family (2-8 Units)

Property Description

FULLY OCCUPIED | 11 UNITS | $11,745/MO SCHEDULED RENT | $140,940 ANNUAL SCHEDULED RENT | $91,716 ANNUALIZED NOI | APPROX. 11.5 CAP RATE AT $795K LIST PRICE. Rare income-producing investment opportunity in San Antonio's Lone Star/Southtown corridor near Downtown. This multi-building rental property offers strong in-place cash flow with a diversified unit mix consisting of efficiencies, 1-bedroom apartments, a 3-bedroom/1-bath residence and a two-story co-living/rent-by-room component with 7 rentable bedrooms. CURRENTLY FULLY OCCUPIED with income already in place. The rear building consists of 6 units: three 1-bedroom apartments and three efficiencies. The middle courtyard row includes 3 additional units: two efficiencies and one 1-bedroom. The front portion includes the 3-bedroom/1-bath residence and the two-story co-living house. A central courtyard connects the multi-building property. INVESTOR HIGHLIGHTS: Strong in-place occupancy and cash flow; diversified rental income; established tenant base; and potential for continued operational and rental-income upside. Convenient access to Downtown, Southtown, employment centers, dining, entertainment and major transportation corridors. Investor financial package, current rent roll and operating expense summary available in MLS documents. Buyer to independently verify all financial, zoning, property and operating information.

Location

State TX

County Bexar

Area 1100

Interior

Heating Window Unit

Cooling Window/Wall

Flooring Ceramic Tile, Laminate

Exterior

Exterior Feature Siding

Garage Spaces 7.0

Roof Type Composition

Building

Foundation Slab

Construction Status Pre-Owned

Schools

Elementary Schools Briscoe

Middle Schools Harris

High Schools Burbank

School District San Antonio I.S.D.

Others

Acceptable Financing Cash, Investors OK

Listing Terms Cash, Investors OK

LERA MLS - Local Expertise Regional Access / SABOR
Listed by Arthur Sable • Keller Williams Legacy • (210) 986-1165

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Amenities & Attractions
Restaurants
Home Services
Health & Medical
Local Services
Shopping
Recreation
Arts & Entertainment
Food
Beauty
Nightlife
Event Planning & Services
Automotive
Religious Organizations
Professional Services
Travel
Education
Pets

  • Yolanda’s at Gallista

    1913 S Flores, San Antonio, TX 78204

    Cafes Phone: 210-212-8606

  • Taqueria Los Potrillos

    715 Nogalitos, San Antonio, TX 78204

    Mexican Phone: 210-226-5408

  • Eddie’s Taco House

    402 W Cevallos, San Antonio, TX 78204

    Mexican Phone: 210-222-2400

  • Piedras Negras De Noche

    1322 S Laredo St, San Antonio, TX 78204

    Mexican Phone: 210-227-7779

  • My Little Taco House

    2125 S Flores St, San Antonio, TX 78204

    Mexican Phone: 210-224-5994

  • Jack in the Box

    903 Probandt, San Antonio, TX 78204

    Fast Food Phone: 210-223-4415

  • Culinaria Sabado At Casa Hernan

    411 E Cevallos St, San Antonio, TX 78204

    Ethnic Food

  • The Fruteria

    1401 S Flores St, San Antonio, TX 78204

    Bars Phone: 210-251-3104

  • La Tuna Grill

    100 Probandt St, San Antonio, TX 78204

    Mexican Phone: 210-212-5727

  • Jimmy’s Family Pizza

    226 E Fest St, San Antonio, TX 78204

    Italian Phone: 210-212-8225

  • Wen Wah Restaurant

    2030 S Alamo St, San Antonio, TX 78204

    Chinese Phone: 210-227-4828

  • McDonald’s

    1330 S Laredo St, San Antonio, TX 78204

    Fast Food Phone: 210-226-6740

  • Flores28

    316 E Cevallos, San Antonio, TX 78204

    Mexican Phone: 210-607-9564

  • Church’s Chicken

    2026 S Alamo St, San Antonio, TX 78204

    Phone: 210-226-3690

  • April’s Chinese

    2030 S Alamo St, San Antonio, TX 78204

    Chinese Phone: 210-223-7335

  • Bill Miller Bar-B-Q

    910 Probandt St, San Antonio, TX 78204

    Barbeque Phone: 210-226-4707

  • Wendy’s

    514 W Cevallos, San Antonio, TX 78204

    Fast Food Phone: 210-222-0015

  • La Parrilla Azteca

    1521 S Flores St, San Antonio, TX 78204

    Latin American Phone: 210-271-9533

Educational Environment

Elementary Schools (1)
Name
Category
Grades
Library
Ratio
2/10
Briscoe Elementary School
2015 S Flores St, San Antonio, TX 78204
Public
PK - 5
No
17:1 STUDENTS/TEACHERS

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Randy Rodriguez

+1(210) 412-3592

randy@rodriguezgrouptx.com

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