204 Florida St

San Antonio, TX 78210
$670,000
1 bath | #1730904
For Sale

Description

A rare multifamily opportunity in the Lavaca Historic District and Southtown corridor, the Florida Street Apartments are one of the few MF properties retaining the in-demand historic architectural detailing of the Lavaca and King William neighborhoods. Rear duplex unit has recently been sold, the main building is remaining with 5 units total, all vacated and refreshed. Ready for re-tenanting, additional value-add improvements or full or partial conversion to owner occupancy. 5 Units in the main bldg, built 1929. Total building 4,455 SF on .267 acres of land, currently being replatted. $57,465 Annual Pro-Forma NOI. Asking $670,000, with seller financing available. LOCATION: 204 Florida St and 910 Labor St, just west of the Florida/Carolina diamond interchange at I-37, and just off S. Presa in the Lavaca Historic District. Surrounded by iconic historic single family homes and top-of-the-market new construction townhomes, the Florida Street Apartments are walkable to all the famous restaurants of Southtown and downtown, and to the Mission Reach of the San Antonio River Hike & Bike Trail.This is a rapidly appreciating location with over 12,000 employees within a 1 mile radius.
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  • Property Details
      • Bathrooms:1
      • Full Baths:1
      • Property type:Multi-Family
      • MLS #:1730904
      • Cost:670000
      • Property subtype:Two Story
      • MLS #:1730904

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Information provided Courtesy of San Antonio Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed. Provided courtesy of the San Antonio Board of Realtors. Copyright 2022 San Antonio Board of Realtors, All Rights Reserved.

Last Updated: . Source: SABOR

Listing Courtesy
Listing Agent: Stephen Yndo
Listing Office: Yndo Commercial Real Estate Co

Mark GonzalezReal Estate Brokerage
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Information provided Courtesy of San Antonio Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed. Provided courtesy of the San Antonio Board of Realtors. Copyright 2022 San Antonio Board of Realtors, All Rights Reserved.