Headshot for Associate Silvia Alcaraz
  1. Silvia Alcaraz, REALTOR ®
  2. Premier Realty Group
  3. Your Guiding Light to Homeownership
  4. sagoldenhome@gmail.com
1409 Woodlawn W, San Antonio, TX 78201
  • MLS#: 1932637 ( Multi-Family (2-8 Units) )
  • Street Address: 1409 Woodlawn W
  • Viewed: 22
  • Price: $699,000
  • Price sqft: $93
  • Waterfront: No
  • Year Built: 1940
  • Bldg sqft: 7484
  • Days On Market: 6
  • Additional Information
  • County: BEXAR
  • City: San Antonio
  • Zipcode: 78201
  • Subdivision: Woodlawn Park
  • District: San Antonio I.S.D.
  • Elementary School: Call District
  • Middle School: Call District
  • High School: Call District
  • Provided by: Devora Realty
  • Contact: Nathan Young
  • (210) 668-6844
  • San Antonio, TX MLS IDX
  • DMCA Notice
  • Description
    Prime value add 8 plex offered at $699,000. 1409 W Woodlawn Ave is a 1940 built, 2 story, brick multifamily property totaling 10,851 SF on a 0.44 acre lot with MF 33 (Multi Family District) zoning. Partial value add has already been completed: 6 of 8 units have been renovated and are now demanding higher rates based on historical lease rates, leaving additional investor upside to complete the remaining improvements and pursue minor cosmetic upgrades that could support further rent growth. Exterior/curb appeal upside includes a landscaping refresh to enhance tenant appeal and marketability. Stabilized proforma NOI: $58,080, translating to an 8.31% stabilized cap rate at the offering price. Infill location with strong lifestyle and demand drivers: Woodlawn Lake Park ~0.9 mi (18 min walk) and San Pedro Springs Park ~1.5 mi (3 min drive). Nearby retail includes Deco Plaza ~0.6 mi (12 min walk). Education anchors nearby: San Antonio College ~1.6 mi (4 min drive), Trinity University ~3.5 mi, and St. Mary's University ~4.0 mi. The area is approximately 3 miles northwest of Downtown San Antonio. Disclaimer: Buyer to independently verify all information, including zoning, square footage, unit mix, income/expenses, distances, and to complete their own underwriting.
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Features
Possible Terms
  1. Conventional
  2. Cash
Air Conditioning
  1. Window/Wall
Annual Operating Expense
  1. 48613.5
Apprx Age
  1. 86
Builder Name
  1. Unknown
Contract
  1. Exclusive Right To Sell
Days On Market
  1. 102
Elementary School
  1. Call District
Exterior Features
  1. Brick
Flooring
  1. Wood
Heat
  1. Window Unit
Heating Fuel
  1. Other
High School
  1. Call District
Home Owners Association Mandatory
  1. None
Instdir
  1. Woodlawn
Legal Desc Lot
  1. 62
Legal Description
  1. Ncb 6480 Blk 1 Lot 62
  2. 63
  3. 64
  4. 65
  5. 66 & W 12.5 Ft Of 61
Meters
  1. Separate Electric
  2. Separate Gas
  3. Common Water
Middle School
  1. Call District
Net Operating Income
  1. 41496.77
Op Exp Includes
  1. Taxes
  2. Insurance
  3. Maintenance
  4. Management
  5. Miscellaneous
Owner Lrealreb
  1. Yes
Ph To Show
  1. SHOWINGTIME
Property Type
  1. Multi-Family (2-8 Units)
Roofing
  1. Heavy Composition
Salerent
  1. For Sale
School District
  1. San Antonio I.S.D.
Source Sqft
  1. Appsl Dist
Total Tax
  1. 15252.98
Views
  1. 22
Year Built
  1. 1940
Liked Listings
Headshot for Associate Silvia Alcaraz
  1. Silvia Alcaraz, REALTOR ®
  2. Premier Realty Group
  3. Your Guiding Light to Homeownership
  4. sagoldenhome@gmail.com