MLS# 1763418 – 381 N Highway 132, Devine, TX 78016

Price: $3,500,000

Lot Size Acres: 2.16

Lot Size SqFt: 94,089

Status: Active

Property Type: Apts/retail/strip/busprk

Year Built: 2014

Days on Website: 345

Courtesy of Texas Premier Realty, Ruben Cavazos (210) 844-8683

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Property Description

Amazing Opportunity! 100% occupancy on 24 units constructed in 2014 and still in great condition. 12-2 bed/2 bath units and 12-1 bed/1 bath units. Rents have not been increased since 2015. Located in busy and growing area close to I-35 and 30 mins from San Antonio. Additional revenue opportunity on land in rear of property (Approx 1 acre) that can be used to build another multi-family complex, RV park, storage units or single family residences!

Property Details and Features

Listing
Listing date: 2024-04-01 05:00:00
346 days on market
346 cumulative days on market
$210 per square foot

Location
County: Medina
Area: 3000

Building
Built in 2014
Approximate age: 10
Building/center name: LAS LOMAS APARTMENTS
Wood
16,628 square feet
2 stories
1 building

Foundation
Slab

Roof
Composition

Interior Features
Ceiling height: 10

Cooling
Central

Heating
Central
Individual Meters

Lot
Lot size: 2.16

Property
Zoning: COMMERCIAL

Schools
School district: Devine

Miscellaneous
Gross income: 201600.00
Monthly lease: $0
None
None
No
None
24 rentals
48 parking spaces
24 units
Other tax: 4927.27

Taxes
Total tax: $35,706
City tax: $9,116
County tax: $5,788
$15,874 school tax
Property Tax ID: R64622

Utilities
Electricity
Water
Sewer

Property Map

$3,500,000 – 381 N Highway 132, Devine, TX 78016

Street View

Nearby Schools

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Boehm Commercial Group loves to stay in touch with current and potential clients. Do not hesitate to reach out with any comments, questions or concerns! We love hearing from you!

About Boehm Commercial Group

The Boehm Commercial Group has decades of experience in the Texas Commercial Real Estate Industry. The vision from day one has been, “Integrity & Honesty”. Every action taken and every decision made is filtered through this measure. Our intense focus on being a source of value to our clients has led us on our mission to be relationship driven. It is very important to develop lifelong relationships, while assisting our clients with their individual goals and objectives. With broker relationships across the country, we have the ability to scale our services to accommodate the scope of any project. Call the Boehm Commercial Group for your Texas Commercial Real Estate needs. Click HERE to read what our other clients have said.

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Address

1018 River Road, Suite 300
Boerne, TX 78006
830-431-2467
[email protected]