2807 Observation, San Antonio, TX 78227

$850,000
5,800
SqFt

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List Price
$850,000
MLS#
1949529
Status
ACTIVE
Number of Units
8
County
Bexar
City
San Antonio
Subdivision
Other
Living Area
5,800
Acres
0.22

Property Description

Fully renovated 8 unit apartment building in the heart of San Antonio's Lackland AFB corridor one of the city's most best workforce housing submarkets. All units are two bedroom floor plans currently renting between $1,100-$1,300 per month with 7 of 8 units leased. Cash flowing from day one. The 2024 renovation was comprehensive: Replaced: roof, HVAC, new windows, LVP flooring, bathrooms, kitchens and appliances, granite-style countertops and cabinetry, drywall, fresh paint inside and out, doors, hardware, plumbing, and lighting throughout. Zero deferred maintenance.

Additional Information

Days on Market
131
Year Built
1973
Builder Name
Unknown
Cooling
Unit Central
Heating
Central
Exterior Features
Mature Trees, Cable TV Available
Exterior
Siding
Roof
Composition
Floor
Carpeting, Vinyl
School District
Northside
Elementary School
Westwood Terrace
Middle School
Jones
High School
John Jay

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Scott Malouff (scottmalouff@gmail.com) from Listing Office: Keller Williams Heritage.

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