Property Details

Investor's Dream in the Heart of La Vernia! Fully Rented Quadplex with 8.5 Cap Rate 104 San Antonio Road, Lot 2, La Vernia, TX 78121 Welcome to your next cash-flowing investment! This well-maintained quadplex features four spacious units, each offering 2 bedrooms and 2 bathrooms-perfect for long-term tenants seeking comfort and convenience in the charming community of La Vernia. ALL UNITS ARE FULLY RENTED and currently generating a Gross Operating Income (GOI) of $48,600 annually. With taxes at $7,762.50 and management fees of $4,374, you're looking at a healthy Net Operating Income (NOI) of $36,464. Priced to sell at an attractive 8.5 cap rate, this is the kind of investment that checks all the right boxes: set income, strong returns, and low hassle. If new owner self manages then the cap rate goes up to 9.5 Whether you're a seasoned investor or just starting to build your portfolio, this is a rare opportunity to own a multi-unit property in a growing Texas market-just 30 minutes from San Antonio! Don't miss out-opportunities like this don't come around often!