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. All 7 units 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 (1929) and 2 units in up/down duplex (1969). 6,159 SF total on .34 acres of land. $70,100 Annual Pro-Forma NOI. Asking $1,095,000. 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.
Property Type :
Two Story
Subdivision :
Lavaca
County :
Bexar
Style :
Two Story
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ByOwner last updated this listing 05/08/2024 @ 03:43
MLS: 1730904
LISTED BY: Stephen Yndo, Yndo Commercial Real Estate Co
SOURCE: SABOR - San Antonio
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
