MLS# 1409145 – 16020 Us Highway 87 West, Adkins, TX 78101

Price: $2,700,000
Building Size SqFt: 16,720
Lot Size Acres: 5.45
Lot Size SqFt: 237,402
Status: Active
Property Type: Apts/retail/strip/busprk
Year Built: 2018
Days on Website: 2342

Courtesy of Foster Family Real Estate, John Foster (210) 415-2257

Property Description

(8 Ea) 7-Yr old.. 4-Side Brick Single Story Duplex’s (16-Rental Units) on Approx 5.45 Acres to include Approx 2-Acres up w/prime us hwy 87 frontage for future expansion/possible commercial usage/more rentals/rv park… Ea Rental Unit is Approx 1045sf w/2-BD,2BA w/Oven/Stove Combo,Dishwasher,Frig,Microwave,Laundry connections & Approx 427sf Gar/Storage unit w/Concrete Parking Pad…,Laminate & Ceramic Tile flooring thru-out ..16-Elect Meters from GVEC Electric Co & Fiber Internet Provider…,2-Water Meters from East Central Water Co..8 Septic Tanks…Fenced Dog Park..Fenced Dumpster Area & Xtra Lg Water Storage Tank…Located Approx 1.5 miles from La Vernia or 20-mi to San Antonio..Sought after LVISD..Country Setting within a Quaint & Very Clean Park w/Again ROOM for Expansion/Commercial Usage Etc…,No City Taxes…Low 1.74% Tax Rate..Wilson County…Call 4 Detailed Packet of Info..Yearly Net income Approx $161,000…w/potential for more on the 2+ Acres

Open House

Property Details and Features

  • Listing
  • Listing date: 2019-09-02 05:00:00
  • 368 days on market
  • 368 cumulative days on market
  • $161 per square foot
  • Location
  • County: Wilson
  • Area: 2800
  • Building
  • Apartment is 1,045 square feet
  • Built in 2018
  • Approximate age: 8
  • Building/center name: BRANDT PROPERTIES
  • Gross building area: 16,720 square feet
  • Brick
  • 16,720 square feet
  • 1 story
  • 8 buildings
  • Foundation
  • Slab
  • Roof
  • Composition
  • Amenities
  • Inside Storage
  • Living Area
  • Interior Features
  • Ceiling height: 10
  • Cooling
  • Central
  • Heating
  • Central
  • Lot
  • Lot size: 5.45
  • Property
  • Zoning: N
  • Schools
  • School district: La Vernia Isd.
  • Miscellaneous
  • Gross income: 244000.00
  • Net operating income: $78,264
  • Monthly lease: $0
  • None
  • Estimated
  • None
  • No
  • Other
  • 16 rentals
  • 2 parking spaces
  • 16 units
  • Other tax: 0.00
  • Taxes
  • Total tax: $30,440
  • City tax: $0
  • County tax: $30,440
  • $0 school tax
  • Property Tax ID: 00330000000200
  • Utilities
  • Gas utility supplier: NONE
  • Electric utility supplier: GVEC
  • Garbage utility supplier: LOCAL
  • Water utility supplier: EAST CENTRAL
  • Sewer utility supplier: SEPTIC
  • Electricity
  • Water
  • Septic

Property Map

$2,700,000 – 16020 Us Highway 87 West, Adkins, TX 78101

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