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.
Listing Details
Price
$670,000
Year Built
1929
Property Type
Multi-Family
Listing #
1730904
Status
Active
County
Bexar
Listing Type
For Sale
Interior Features
Square Feet
6,149
Floors
Wood
Heating and Cooling
Window Unit, Other, Window/Wall
Exterior Features
Exterior
Wood
Roof
Metal
Lot Size
0.34 acres
Courtesy of Stephen Yndo, Yndo Commercial Real Estate Co210-771-0334
Copyright 2024, San Antonio Board Of Realtors®. All rights reserved. INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED.
This content last updated on 12/23/2024 4:53 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Housing Occupancy
Rural vs. Urban
Market occupancy and urban/rural information from Home Junction Inc.
