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Tomas Ochoa
Pro Member
  • Realtor
  • San Antonio, TX
14
Votes |
121
Posts

*Investment Opportunity: Prime Mixed-Use Commercial Property*

Tomas Ochoa
Pro Member
  • Realtor
  • San Antonio, TX
Posted May 16 2024, 15:27

*Investment Opportunity: Prime Mixed-Use Commercial Property*

Unlock the potential of this hidden gem in the heart of bustling commerce. With a disposition price of under $550k and significant growth opportunities, this off-market property is a savvy investor's dream.

*Property Overview:*
- *Location:* Strategically positioned with 106' frontage on Santa Anna St and 133' on West Ave, attracting both foot traffic and loyal clientele from the neighborhood.
- *Income Streams:* Featuring three retail units and three long-term residential apartment tenants, ensuring diversified revenue streams.
- *Unique Features:* Stand out with a 16-foot-high billboard and a striking 15-foot-high marquee, maximizing visibility and advertising potential.
- *Parking:* Offering 16 free surface spaces, with a ratio of 3.91/1000 SF, catering to the convenience of customers and tenants alike.

*Investment Potential:*
- *Revenue Enhancement:* Benefit from NNN asking rents per SF ranging from 16-19, with an average peer market rent of $18.04.
- *Cap Rate:* With a CAP rate of 9.5% at $17, seize the opportunity for substantial returns on investment.
- *Value-Adding Opportunities:* Enhance property value through separate metering, fixture updates, fresh coats of paint, mailbox upgrades, and landscaping improvements.

Don't miss out on this chance to capitalize on a well-positioned asset with untapped potential. Contact us now to seize this lucrative investment opportunity!

*Call me at 956 607 8585 *

Looking to seize lucrative investment opportunities? Join my exclusive investor list today to gain instant access to 10+ off-market properties, with new deals rolling in every day. Don't miss out on the chance to secure properties significantly below market value for maximum profits!

Get Access: https://www.newwestern.com/agent/tom-ochoa/
Tom Ochoa
New Western
License #803961
(956) 607-8585
https://linktr.ee/tomochoa

Offering
San Antonio, Texas