723 Recio St
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723 Recio St
6 Unit Apartment Building $400,000 ($66,667/Unit) San Antonio, TX 78225
Executive Summary
6 unit Small Apartment Complex For sale by owner financing.
$100,000 down
$300,000 owner financed - "5 year term" - $5,000 x 60 months
Sold AS-IS, buyer to finish the restoration.
Minutes away from downtown and Lone Star District. Great Airbnb opportunity.
This is a major remodeling project so it is recommended that the potential buyer should have experience with remodeling 4 units or more apartment complex projects before.
This property has a potential for generating $6,000 cash flow a month.
Unit mix is as follows:
2x studio with 1 bath - 350 sqft
2x one bed / 1 bath - 450 sqft
2x two bed / 2 bath - 840 sqft
If you are interested in seeing the property please send an email to superiorsa@icloud.com along with your answers to the questions below.
1- Do you accept the owner financing terms?
2- what is the name of your company and how long have you been in real estate investing business?
3- Do you have any experience in remodeling 4 units or more small apartment projects?
$100,000 down
$300,000 owner financed - "5 year term" - $5,000 x 60 months
Sold AS-IS, buyer to finish the restoration.
Minutes away from downtown and Lone Star District. Great Airbnb opportunity.
This is a major remodeling project so it is recommended that the potential buyer should have experience with remodeling 4 units or more apartment complex projects before.
This property has a potential for generating $6,000 cash flow a month.
Unit mix is as follows:
2x studio with 1 bath - 350 sqft
2x one bed / 1 bath - 450 sqft
2x two bed / 2 bath - 840 sqft
If you are interested in seeing the property please send an email to superiorsa@icloud.com along with your answers to the questions below.
1- Do you accept the owner financing terms?
2- what is the name of your company and how long have you been in real estate investing business?
3- Do you have any experience in remodeling 4 units or more small apartment projects?
Property Facts
| Price | $400,000 | Apartment Style | Low Rise |
| Price Per Unit | $66,667 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| No. Units | 6 | Building Size | 3,360 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1958/2020 |
| Price | $400,000 |
| Price Per Unit | $66,667 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 3,360 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1958/2020 |
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
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PROPERTY TAXES
| Parcel Number | 03910-007-0250 | Improvements Assessment | $248,130 |
| Land Assessment | $42,190 | Total Assessment | $290,320 |
PROPERTY TAXES
Parcel Number
03910-007-0250
Land Assessment
$42,190
Improvements Assessment
$248,130
Total Assessment
$290,320
zoning
| Zoning Code | IDZ (IDZ Uses Permitted 6 Residential Dwelling Units) |
| IDZ (IDZ Uses Permitted 6 Residential Dwelling Units) |
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723 Recio St
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