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$ 1,150,000
Est. payment | /mo
7,685 SqFt
$ 1,150,000
Est. payment | /mo
7,685 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Improved Prop
Listing Status Active
Purchase Type For Sale
Square Footage 7,685 sqft
Price per Sqft $149
MLS Listing ID 1774141
Construction Status Wood
Year Built 1989
Annual Tax Amount $22,958
Lot Size 0.432 Acres
Property Description
218-222 Merida is a garden-style apartment community built in 1987 and consisting of ten spacious two-bedroom / one-bath units, each with washer/dryer connection and additional storage. Upgrades to units include new plank flooring, updated fixtures and LED package, faucets, sinks, appliances, blinds, and countertops. Ownership has implemented a water conservation program (inclusive of low-flow toilets, shower heads, and sink aerators), while also upgrading plumbing in bathrooms. Exterior upgrades include replacement of 40% of the HVAC systems and ducts in 20% of the units, repaired roofs, parking areas, and siding, as well as installation of solar screens and a video security system with high-speed internet. CapEx infusion during 2021-2024 encompasses $34k in exteriors and $100k for the interiors; totaling around $135k in CapEx.
Location
State TX
County Bexar
Area 0700
Zoning R-4
Interior
Heating Central, Individual Meters
Cooling Central, Individual Meters
Exterior
Garage Spaces 18.0
Utilities Available Electricity, Water, Sewer, Cable TV
Amenities Available Exterior Lighting
Roof Type Composition
Building
Story 2
Foundation Slab
Level or Stories 2
Construction Status Wood
Schools
School District San Antonio I.S.D.
Others
Acceptable Financing Sale Only, Cash
Listing Terms Sale Only, Cash
Listed by Stephen Guzek • Lifestyles Realty Central Texas Inc • (210) 317-1179