118 COMPTON AVE

San Antonio, TX 78214

118 COMPTON AVE

San Antonio, TX 78214

$227,000

  • harlandale
  • MLS: #2005283
1 month, 26 days, 19 hours, 26 minutes on market
StatusActive
Year Built1920
CountyBexar
Flooring
Lot Size0.165
Parking
Total Stories
CoolingWindow/Wall
School District Harlandale I.S.D
Schools Harlandale, Harlandale, Gilbert
Fireplace
Property Type Two Story

Property Details

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.




Courtesy of Dalton Wade, Inc

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