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Buy a propertyat 1322 Menefee, San Antonio, TX 78237

$744,000

$0/mo

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Multifamily

0 Sq. Ft.

18,905 Sq. Ft. lot

0 Bathrooms

446 Days on market

20255663 MLS ID

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About 1322 Menefee property

Prime garden rise apartment development opportunity located just 10 minutes from downtown San Antonio and Lackland Air Force Base. This property is being sold as a package deal along with 3 adjacent vacant lots. List price includes all 4 tracts. 1318 and 1326 Menefee are each .405 acre lots zoned MF-33. 1334 Menefee is a 3.218 acre lot zoned R-6. 1322 Menefee sits on a .434 acre lot zoned MF-33. Potential rezoning of 1334 Menefee would create 4.462 acres of multifamily development acreage. Existing complex contains 11 units. As of February 2023, 10 are occupied with 1 unit undergoing an eviction. Ten units are 1 bed 1 bath or studio style and one unit is a 3 bed 2 bath. Property would require substantial investment for needed improvements to the existing structure. Sold as is.
Prime garden rise apartment development opportunity located just 10 minutes from downtown San Antonio and Lackland Air Force Base. This property is being sold as a package deal along with 3 adjacent vacant lots. List price includes all 4 tracts. 1318 and 1326 Menefee are each .405 acre lots zoned MF-33. 1334 Menefee is a 3.218 acre lot zoned R-6. 1322 Menefee sits on a .434 acre lot zoned MF-33. Potential rezoning of 1334 Menefee would create 4.462 acres of multifamily development acreage. Existing complex contains 11 units. As of February 2023, 10 are occupied with 1 unit undergoing an eviction. Ten units are 1 bed 1 bath or studio style and one unit is a 3 bed 2 bath. Property would require substantial investment for needed improvements to the existing structure. Sold as is.

Property details

Appliances and Equipment

None

House

5,580 total area

Built in 1980

Year Built Details: Preowned

Construction Materials: Wood

1 building

Community

Complex Name: Menefee Apartments

Cooling

Window Unit(s)

Foundation

Slab

Heating

Other

Home Owner's Association

Type: None

Interior Features

Other

Listing

Listing ID: 20255663

List Price: $744,000

Status: Active

Tenancy: Month to Month

Location

County Or Parish: Bexar

Subdivision Name: Parkers Gardens

Lot

18,905 square feet

Area: 0

0.434 acres

Unit Size: Acres

Parking

11 parking spaces

Open

Possession

Closing/Funding

Property

Sub Type: Apartment

11 total units

Roof

Composition

Schools

District: Edgewood ISD

Elementary: Winston

Utilities

City Sewer

City Water

Monthly cost

Estimated monthly cost

$5,386/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$699,360

+$22,320

$721,680

Seller agent commission$22,320 (3%)*

$0 (0%)

Buyer agent commission$22,320 (3%)*

$22,320 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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with an Unreal Estate agent

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State

  • Condos in Texas
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Unreal Estate checked: May 2, 2024 at 12:38 a.m.

Data updated: Jul 21, 2023 at 11:39 a.m.

Courtesy of John Hill, Broker, Laurent Maksoud.
Listing data last updated: 07/21/2023 Eastern
Listing Information © 2024 North Texas Real Estate Information Systems. All Rights Reserved.

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