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500 Burton , San Antonio, TX 78221
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500 Burton
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Would you like to sell your home before you purchase this one?
Priced at Only: $1,350,000
For more Information Call:
Address: 500 Burton , San Antonio, TX 78221
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  • MLS#: 1809680 ( Commercial Improved Prop )
  • Street Address: 500 Burton
  • Viewed: 2
  • Price: $1,350,000
  • Price sqft: $172
  • Waterfront: No
  • Year Built: 1984
  • Bldg sqft: 7854
  • Days On Market: 2
  • Additional Information
  • County: BEXAR
  • City: San Antonio
  • Zipcode: 78221
  • District: Harlandale I.S.D
  • Provided by: Spring House Realty
  • Contact: Jordan Brandt
  • (817) 600-2400
  • San Antonio, TX MLS IDX
  • DMCA Notice
  • Description
    Opportunity Knocks. Built in 1984, this cashflow positive 12 unit apartment community has room to add value for an increased NOI. With a new roof in 2022, and a restriped resealed parking lot, new fence, new courtesy cameras, and an exterior facelift in 2023, this property has been well very maintained, with several major recently completed improvements. 9 of 12 units have been updated with new flooring, paint and other cosmetic touches. All units have individual electric meters, water heaters, and central HVAC systems. The onsite laundry facility, green space, and picnic area make residents feel right at home. Value add opportunities include updating 3 classic units, adding an additional washer and dryer to the laundry facility, offering premium parking, trash porter service, cable package, converting the green space into a dog park or BBQ pit, and converting the apartments into an 'All Bills Paid' community.
Payment Calculator
  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   Monthly -
Features
Building and Construction
  • Apartment Sqft: 7856
  • Apprx Age: 40
  • Buildingcenter Name: BURTON APARTMENTS
  • Construction: Wood, Stucco
  • Foundation: Slab
  • Net Leasable Area: 7856
  • Other Structures: Shed(s), Storage
  • Roof: Composition
Land Information
  • Lot Description: Corner, 1/4 - 1/2 Acre, Level
  • Lot Dimensions Length: 189
School Information
  • School District: Harlandale I.S.D
Garage and Parking
  • Num Total Parking: 20
Utilities
  • Air Conditioning: Central, Individual Meters
  • Heating: Central, Individual Meters
  • Number Of Rentals: 12
  • Number Of Units: 12
  • Rail Service: No
  • Utilities: Electricity, Water, Sewer, Cable TV
Amenities
  • Amenities: Security System, Outside Storage, Security Fence
Finance and Tax Information
  • Annual Tax: 14277
  • Available W Lease: No
  • Existing Exmptabatements: No
  • Insurance: 10945
  • Net Operating Income: 91500
  • Other Expense: 25778
  • Total Tax: 14277
Other Features
  • Contract: Exclusive Right To Sell
  • Easements: Other
  • Flood Plain: None
  • Instdir: From down town, Get on I-10 E I-35 S from S Flores St. Follow I-35 S to Interstate 35 Access Rd. Take exit 150B from I-35 S. Continue on Interstate 35 Access Rd. Take SW Military Dr to Burton Ave.
  • Legal Description: NCB 9335 BLK 51 LOT 1&2
  • Loading Facilities: None
  • Ph To Show: (817)600-2400
  • Restrictions: Other
  • Sale Includes: Buildings, Land, Equipment, Fixtures
  • Zoning: R-6 CD
Owner Information
  • Owner Lrealreb: No
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