8 Units in Olmos Park Terrace
$1,100,000
137 E. Norwood Court, San Antonio, TX 78212
5.92
Cap Rate
37,030
NOI
Details:
Highlights:
- Centrally Located
- High demand rental market
- Stable neighborhood
- Property includes 5 units in main structure and 3 units carriage house
- 8 Assigned parking spaces
- On-Site Laundry facility (coin operated)
- All units have wood floors
- Appliance Package
Description:
Centrally Located 8-plex in Olmos Park Terrace with Upside Potential on Rents
Discover this exceptional centrally located 8-unit property nestled in a stable neighborhood, renowned for its robust rental demand. Set amidst a vibrant community, this investment opportunity promises significant upside potential on rents.
Property Highlights:
Unique Layout: The property comprises a main structure housing 5 spacious units, accompanied by a charming carriage house with 3 additional units, providing versatility and appeal to a diverse tenant base.
Convenient Amenities: Residents benefit from 8 assigned parking spaces, ensuring ease and convenience. Additionally, an on-site coin-operated laundry facility meets everyday needs efficiently.
Sophisticated Interiors: All units boast elegant wood flooring, exuding warmth and style, complemented by a comprehensive appliance package that enhances living convenience. Many Units have been upgraded with Quartz counters in the kitchen and tile backsplashes.
Embrace the opportunity to invest in a high-demand rental market with promising potential for revenue growth. This property's strategic location and thoughtful features make it a compelling choice for discerning investors.
This beautifully maintained 8 unit is centrally located within 5 miles of Downtown San Antonio.
Located just a few blocks from the intersection of McCullough and Hildebrand.
Tenant base pulls from Incarnate Word University, Trinity University and local professional working downtown.
3.5 Miles from The Pearl and 2 miles from San Antonio College.
Well maintained
Property includes 5 units in main structure and 3 units carriage house
8 Assigned parking spaces
On-Site Laundry facility (coin operated)
Wood floors in all units
Appliance package
NCB 6557 Blk 3 Lot 36, 37 & w 9 Ft of 38
Documents:
Title | ||
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137 E. Norwood Survey (version 2).pdf | ||
Offering_Memorandum__L_.pdf | ||
Offering_Memorandum__L_.pdf | ||
Offering_Memorandum__L_.pdf |
Location

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