POTENTIAL DEVELOPMENT INCOME GENERATOR
• Oversized Lot – The property sits on an expansive lot with approximately 280 feet of depth—much deeper than typical lots in the area.
• Multiple Development Paths- The rear portion of the lot provides an excellent opportunity for additional units, adu’s or future expansion.
• Strong Rental Demand- San Antonio’s North Central continues to experience strong rental demand and population growth.
• Value – Add Upside – Redevelopment can significantly increase cash flow and overall property value
• Flexible Strategy- Keep the existing duplex as income producing and redevelop the rear or convert to townhouse style units.
**Schematic Available
FINANCIAL & ASSET SNAPSHOT
• Price: $285,000
• Gross Annual Income: $33,360.00
• Annual Property Taxes: $8,907.72
• Bexar County Tax Assessed Value: $365,000
• Net Operating Income (NOI): $23,252.28
• Current Capitalization Rate: 8.16% | Gross Rent Multiplier (GRM): 8.54
**Offering Memorandum Available
SEE ATTACHED FLYER FOR MORE DETAILS & Development Potential