Price: $525,000
Lot Size Acres: 0.83
Lot Size SqFt: 35,980
Status: New
Property Type: Apartments
Year Built: 1980
Days on Website: 1
Courtesy of Dowdy Real Estate, LLC, Sara Seewald (830) 569-6883
Property Description
Introducing a unique investment opportunity in the heart of Pleasanton; a remarkable complex of 14 duplexes, totaling 28 units and management office, located in a growing community. This multi-family listing boasts an impressive full occupancy rate, for the last 20+ years, reflecting the high demand for rental units in this area. With tenants in place, you benefit from established relationships that foster a sense of community while reducing turnover-related costs. This is a HUD Section 8 Project Voucher facility for the elderly and disabled. It is in compliance with all HUD regulations, with most recent audit scores of Above Average for its Management Occupancy Review (MOR) and a score of 88 for the last Real Estate Assessment Center (REAC) Audit. Whether you’re looking to diversify your portfolio, generate passive income or enter the world of real estate investing, this multi-family complex could be exactly what you are looking for. Opportunities like this don’t last long!
Open House
Property Details and Features
- Listing
- Listing date: 2025-05-02 05:00:00
- 1 day on market
- 1 cumulative day on market
- $55 per square foot
- Location
- County: Atascosa
- Area: 2900
- Building
- Apartment is 900 square feet
- Built in 1980
- Approximate age: 45
- Building/center name: ST FRANCIS VILLA
- Wood
- Brick
- 9,519 square feet
- 15 buildings
- Roof
- Composition
- Interior Features
- Ceiling height: 8
- Cooling
- Central
- Heating
- Central
- Lot
- Lot size: 0.826
- Property
- Zoning: RESIDENTIAL
- Schools
- School district: Pleasanton
- Miscellaneous
- Monthly lease: $0
- None
- None
- No
- None
- 28 rentals
- 8 parking spaces
- 28 units
- Other tax: 853.13
- Taxes
- Total tax: $20,715
- City tax: $5,603
- County tax: $4,441
- $9,818 school tax
- Property Tax ID: 0282000057001100
- Utilities
- Electricity
- Water
Property Map
$525,000 – 715 Trade, Pleasanton, TX 78064
