(San Antonio, TX) SFR Flip 🏠 Big Rehab, Big Spread 💰 Experienced Investors ONLY 📈

Bexar County, San Antonio, TX, 78203
Sold
Listed at: May 24th, 2023
Price
$115,000
ARV
$250,000
Gross Margin
$135,000
Sq. Footage
696
Type
Single-Family
Parking
Driveway
Year build
1920
Lot size
4095.00 sqft
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

DESCRIPTION


A great value add property with many different exit strategies available. Fix and flip, Buy and hold, Short term rental etc


QUALIFIES FOR SHORT TERM RENTAL PERMIT

THIS PROPERTY IS NOT LOCATED IN HISTORIC DISTRICT

UNIT IN BACK HAS ELECTRICAL BUT NO PLUMBING. COULD BE TURNED INTO ADU

UNIT IN BACK COULD BE CONVERTED TO AN "OFFICE SPACE"

ONLY .3 MILES FROM ALAMODOME


PROPERTY DETAILS


-Needs new roof

-Solid Foundation .

-Needs HVAC system

-Needs new Electrical and Plumbing 

-Needs all cosmetic updating 

- 2 bedrooms, 1 bathroom 1 car garage



Access Needs to be Scheduled with me

Contracted close date is 6/05/2023

Tenant occupied however will be delivered vacant




RENTAL REPORT (ATTACHED IN DOCUMENT SECTION)


AVERAGE RENT: $1,508

MEDIAN RENT: $1,400

25TH PERCENTILE: $1,151

75TH PERCENTILE: $1,866


Results based on 37, 2-bedroom, single bath rentals seen within 12 months in a 1.5 mile radius

. ADDRESSES WITH RENT AMOUNTS ATTACHED BELOW⬇️


DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Trevor Wilcox

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Disposition manager