104 San Antonio #4

La Vernia, TX 78121
Off Market

104 San Antonio #4

La Vernia, TX 78121

Contact For Sold Price
N/A N/A 4240
Beds Baths Sq. Ft.
StatusSold
Year Built2006
CountyWilson
Flooring
Lot Size0.244
Parking
Total Stories
CoolingMulti-Unit Central
School District La Vernia Isd.
Schools La Vernia, La Vernia, La Vernia
Fireplace

Property Details

Turnkey Quadplex Investment in La Vernia - 8.5 Cap Rate! 104 San Antonio Road, Lot 1, La Vernia, TX 78121 Attention investors-your next cash-flowing asset is here! This fully occupied quadplex is nestled in the heart of La Vernia, a fast-growing community just outside San Antonio. Each of the four units features 2 bedrooms and 2 bathrooms, making them ideal for tenants seeking both comfort and space. Steady income & Strong returns. Gross Operating Income: $49,380/year Taxes: $7,728.61 Management Fee: $4,444.20 Net Operating Income (NOI): $37,207.19 At a sales price of $438,435, this property delivers an impressive 8.5 cap rate - but if new owner self manages the cap rate goes up to 9.5 - a golden opportunity for investors looking to expand or start their rental portfolio with reliable, low-maintenance income. With all units rented and property management in place, this is a true plug-and-play investment in a desirable location. La Vernia continues to grow, making this a smart buy for both short-term cash flow and long-term appreciation. Snag this gem before someone else does! Properties like this don't stay on the market for long!




Courtesy of Exp Realty

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