715 New Laredo HwySan Antonio, TX 78211

For Sale
$499,900

Six-unit building, high occupancy, great location.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional mixed-use property, located at 715 New Laredo Hwy, San Antonio, TX 78211, presents a compelling investment opportunity. The 2,579 square foot building, constructed in 1955 and situated on a 0.141-acre lot, boasts six units with an 83% occupancy rate. The property's zoning is C-3, allowing for a variety of commercial and residential uses. The building comprises one two-story structure and includes a mix of unit types: a hair salon, two efficiency units, one two-bedroom unit, and two one-bedroom units. Each residential unit features one bathroom and has undergone recent renovations, including new paint, flooring, kitchens, and bathrooms. The asking price is $499,900, translating to $193.83 per square foot. This prime location on the south side of San Antonio offers convenient access to major shopping centers, including a Walmart Supercenter, HEB Plus, Sam's Club, and South Park Mall, ensuring high tenant demand and strong rental income potential. This property is being offered for sale by owner and presents a rare chance to acquire a well-maintained, high-performing mixed-use asset in a thriving San Antonio neighborhood. The property's strong occupancy rate and diverse unit mix make it an ideal investment for both seasoned and new investors seeking a stable and potentially lucrative return.

Property Details for 715 New Laredo Hwy

Property type
Multifamily properties, Other mixed-use properties
Square Feet
2,579 SF
Year Built
1955
Buildings
1
Stories
2
Lot Size (sq. ft)
6,142 SF
Units
6

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.365101456625
Longitude
-98.550007737552
715 New Laredo Hwy, San Antonio, Texas

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715 New Laredo Hwy
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