403 Hartline Dr San Antonio, TX 78218-2000

Property Details for 403 Hartline Dr

Year built

1980

Lot size

0.60 lot acres

Property size

11,680 SF

Property type

Garden apartment buildings

APN

11899-000-0331

APU

118990000331

Description

This exceptional investment opportunity presents an eight-unit apartment building located at 403 Hartline Dr, San Antonio, Texas 78218. The property, built in 1980, comprises a single, two-story building totaling 11,680 square feet on a 0.6-acre lot. Currently boasting 100% occupancy, this Class B multifamily property offers a strong cash flow with significant upside potential. Each of the eight units features a spacious 1460 square foot townhome-style floor plan, including washer and dryer connections. The property includes 18 parking spaces and is zoned for multifamily use over four units. Significant improvements have been made, including a new roof installed in 2016 (30-year life expectancy), perimeter fencing, and comprehensive plumbing and HVAC repairs completed in 2019. This ensures the long-term value and functionality of the building's critical systems. The asking price is $1,200,000, translating to $102.74 per square foot and $150,000 per unit. This represents a compelling investment opportunity in the thriving San Antonio market. The property is situated in Bexar County and offers a solid foundation for continued growth and profitability. This property is available for sale as a standalone investment.