118 Compton Ave is a three-unit multifamily property in San Antonio, TX, offered as a value add investment opportunity. The property currently has only 1 of 3 units occupied, which has suppressed in-place income relative to the asset's true earning potential. For an investor willing to complete lease up, the proforma reflects a fully stabilized property with strong cash flow and a healthy cap rate making this a compelling opportunity for both first time investors seeking a manageable entry point and experienced operators looking to add a straightforward value add asset to their portfolio. The layout also suits an owner occupant buyer, who could live in one unit and rent out the other two to help offset living expenses and build equity.
Features
3 bedrooms
3 bathrooms
1846 sq. ft. floor area
crop_free0.17 ac. lot size
cottageMulti-Family
Property history for 118 Compton Ave
2022
Sold
Undisclosed
01 Feb 2022 by John Barr, of Stepstone Realty, LLC
Happy sellers in San Antonio
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Local market activity for 3 bedroom multi families in San Antonio
Sold
For Sale
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