Florida Street Apartments | 204 Florida St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Florida Street Apartments 204 Florida St
5 Unit Block of Flats £528,630 (£105,726/Unit) 8.58% Net Initial Yield San Antonio, TX 78210
Executive Summary
A rare multifamily opportunity in the Lavaca Historic District and Southtown corridor, the Florida Street Apartments are one of the few MF properties retaining the in-demand historic architectural detailing of the Lavaca and King William neighborhoods. Rear duplex building has been sold, remaining are 5 units in the main building. all vacated and refreshed. Ready for re-tenanting, additional value-add improvements or full or partial conversion to owner occupancy. The main bldg is 1929 construction and totals 4,455 SF. The lot with the 5 units is in the process of being replatted and totals .224 acres. $57,465 Annual Pro-Forma NOI. Asking price is $670,000.
LOCATION: 204 Florida St, just west of the Florida/Carolina diamond interchange at I-37, and just off S. Presa in the Lavaca Historic District. Surrounded by iconic historic single family homes and top-of-the-market new construction townhomes, the Florida Street Apartments are walkable to all the famous restaurants of Southtown and downtown, and to the Mission Reach of the San Antonio River Hike & Bike Trail. This is a rapidly appreciating location with over 12,000 employees within a 1 mile radius.
LOCATION: 204 Florida St, just west of the Florida/Carolina diamond interchange at I-37, and just off S. Presa in the Lavaca Historic District. Surrounded by iconic historic single family homes and top-of-the-market new construction townhomes, the Florida Street Apartments are walkable to all the famous restaurants of Southtown and downtown, and to the Mission Reach of the San Antonio River Hike & Bike Trail. This is a rapidly appreciating location with over 12,000 employees within a 1 mile radius.
Property Facts
| Price | £528,630 | Building Class | C |
| Price Per Unit | £105,726 | Lot Size | 0.22 AC |
| Sale Type | Investment | Building Size | 4,455 SF |
| Net Initial Yield | 8.58% | Average Occupancy | 0% |
| No. Units | 5 | Number of Floors | 2 |
| Property Type | Residential | Year Built | 1929 |
| Property Subtype | Apartment | Parking Ratio | 1.8/1,000 SF |
| Apartment Style | Low Rise |
| Price | £528,630 |
| Price Per Unit | £105,726 |
| Sale Type | Investment |
| Net Initial Yield | 8.58% |
| No. Units | 5 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 4,455 SF |
| Average Occupancy | 0% |
| Number of Floors | 2 |
| Year Built | 1929 |
| Parking Ratio | 1.8/1,000 SF |
Walk Score ®
Very Walkable (75)
Bike Score ®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | 03009-007-0010 | Improvements Assessment | £789 |
| Land Assessment | £731,166 | Total Assessment | £731,955 |
PROPERTY TAXES
Parcel Number
03009-007-0010
Land Assessment
£731,166
Improvements Assessment
£789
Total Assessment
£731,955
zoning
| Zoning Code | RM-4 CD H (Residential, Conditional, Historic) |
| RM-4 CD H (Residential, Conditional, Historic) |
-
Stephen Yndo -
Yndo Commercial Real Estate Company
1 of 15
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Florida Street Apartments | 204 Florida St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.