Price: $1,375,000
Status: Active
Property Type: Apartments
Year Built: 1960
Days on Website: 69
Courtesy of Phyllis Browning Company,
Property Description
PORTFOLIO SALE: Covered play – for multi-family redevelopment. 0.493-acre, 3-parcel assemblage in Tobin Hill North near N. St. Mary’s St, on the growth path toward the Pearl. 5 of 7 units currently occupied, $74,340/yr in-place gross rent with potential to $103,380/yr at full occupancy. 631 zoned MF-33; 635 & 641/643 zoned R-6 with an established duplex use supporting rezoning. Est. redevelopment potential of 14-15 units at full build-out (buyer to verify with the City). Seller will not divide parcels. $1,500,000 for the full assemblage – priced near land value. Also listed as Commercial Improved (631 Ashby) and on CoStar and Crexi.
Open House
Property Details and Features
- Building
- Built in 1960
- Living area: 6228
- Listing
- Listing ID: 2004879
- Standard Status: Active
- MLS Status: Active
- Property Subtype: Apartments
- Location
- County/Parish: Bexar
- Lot
- 1/4 – 1/2 Acre
- Mature Trees (ext feat)
- Level
- Schools
- Elementary School District: San Antonio I.S.D.
- Taxes
- Annual Amount: $5,829.14
Property Map
$1,375,000 – 631 E Ashby Pl, San Antonio, TX 78212
