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4535 Schertz Rd.
San Antonio, TX 78233
San Antonio, TX - 28 units
Offered at $1,370,000
Status: Sold
Type: Income
Units: 28
Cap Rate: 10.5
Living Area: 27,070 Square Ft.
Lot Size: 61,768 Square Ft.


San Antonio, TX - 28 units
Built 1986

28 units in 4 separate buildings, built in 1986 & 1987. Every single unit is a 3 bedroom/2 bath! Currently 8 vacancies due to poor management! No professional management company, and 1 out of state owner! San Antonio overall vacancy rate is 7%, so enormous upside through professional management. Professional management expense already figured in expenses. Huge return at just average San Antonio vacancy! Do not let tenants know the property is for sale! Maint/Repairs (5%) and Professional Mgt. (6%) expenses are calculated at full occupancy! Huge opportunity!

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