403 Hartline DrSan Antonio, TX 78218

For Sale
$1,200,000

8-Unit Apartment Building, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity presents an eight-unit apartment building located at 403 Hartline Dr, San Antonio, Texas 78218. The property, built in 1980, comprises a single, two-story building totaling 11,680 square feet on a 0.6-acre lot. Currently boasting 100% occupancy, this Class B multifamily property offers a strong cash flow with significant upside potential. Each of the eight units features a spacious 1460 square foot townhome-style floor plan, including washer and dryer connections. The property includes 18 parking spaces and is zoned for multifamily use over four units. Significant improvements have been made, including a new roof installed in 2016 (30-year life expectancy), perimeter fencing, and comprehensive plumbing and HVAC repairs completed in 2019. This ensures the long-term value and functionality of the building's critical systems. The asking price is $1,200,000, translating to $102.74 per square foot and $150,000 per unit. This represents a compelling investment opportunity in the thriving San Antonio market. The property is situated in Bexar County and offers a solid foundation for continued growth and profitability. This property is available for sale as a standalone investment.

Highlights

  • $1,200,000 asking price for an 8-unit apartment building.
  • Multifamily investment opportunity in San Antonio, TX.
  • Class B, 11,680 square feet, 100% occupancy.
  • Eight units, each approximately 1,460 square feet, with washer/dryer connections.
  • 18 parking spaces on a 0.6-acre lot.
  • Built in 1980, two-story building with a new roof (2016) and recent plumbing and HVAC updates (2019).

Property Details for 403 Hartline Dr

Property type
Multifamily properties, Apartment buildings
Square Feet
11,680 SF
Class
B
Year Built
1980
Buildings
1
Stories
2
Lot Size (sq. ft)
26,136 SF
Units
8

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.5078658
Longitude
-98.4075644
403 Hartline Dr, San Antonio, Texas

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403 Hartline Dr
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