2703 Observation dr San Antonio TX

$2,475,000

Property Details

  • Status:Available
  • Type:Commercial Property
  • MLS #:1485807
  • Year Built:1960
  • Sq. Feet:23,132
  • Lot Size:1

Property Description

Woodfield Apartments - 32 unit apartment complex on an almost 1 acre lot w/ 29 - 2 bed 1 bth & 3 1bed 1bth units. 2 bedrooms average rent $825, 1-bed average rent $600. 2 bedrooms approx. 750 sq.ft and 1 bedroom approx. 550 sq.ft. 4 buildings with all roof replaced in April 2019. Each unit has central cooling/heat w/ at least 15 units replaced within the past 3 years. 3 out of the 4 commercial water heaters have been changed within 3 years. Pride of ownership with friendly residence and clean complex. As occupancies become available units have been moderately upgraded. There is room for an investor to upgrade remaining units and raise rents. The owner pays water, gas, and trash. Each resident pays their own electric (Individual metered). Located by Lackland with easy access to highways. PLEASE DO NOT DISTURB RESIDENTS.Call L/A at (213)505-4290 for showings. Financials on additional doc's.


Community Information

  • Address:2703 Observation dr San Antonio, TX 78227
  • County:Bexar
  • City:San Antonio
  • Zip Code:78227

Property Features

  • Restrictions:None
  • Utilities Available:Electricity,Gas,Water,Telephone,Sewer,Cable TV

    Tax and Financial Info

    • Proposed Terms:Assumable/Note Rate
    • Available Documents:Survey,Pro Forma,Rent Roll


    Observation dr San Antonio TX 78227



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