For Sale

Listed by Mustafa Burhani

Source: San Antonio Board of Realtors® #2005283

118 Compton Ave, San Antonio, TX, 78214

$227,000

3
3
1846 sq. ft.
0.17 ac.

MultiFam

30+ days on the market

What's around 118 Compton Ave

About this property

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.

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