Pending

Listed by J.J. Gorena

Source: San Antonio Board of Realtors® #1868193

113 D L Vest, La Vernia, TX, 78121

$444,706

8
4
3484 sq. ft.
0.18 ac.

Other

30+ days on the market

What's around 113 D L Vest

About this property

Exciting Investment Opportunity in Universal City, Texas! Welcome to this fantastic quadruplex listing priced over $43,000 under market value, making it a lucrative deal for savvy investors! The sellers are motivated and are also selling three more quadraplexes via a 1031 exchange - an incredible chance to expand your real estate portfolio! Rental Income: Gross Operating Income: $49,140. Taxes: $6,917. Management Fee: $4,423 / year Net Operating Income: $37,800. Features: Each unit includes 2 bedrooms and 1 bathroom, perfect for tenants seeking comfortable living spaces. With a desirable 8.5 cap rate, the new owner can self manage and raise the cap rate to 9.5, offering a profitable investment opportunity that's hard to resist. Don't miss out on the potential for steady passive income and long-term asset appreciation! Reach out today to capitalize on this fully rented quadruplex in Universal City and take the next step towards growing your real estate portfolio. Seize the opportunity, and let this property be the cornerstone of your investment success!

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