718 San Antonio Avenue #722, Seguin, TX 78155 (MLS # 575130)
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Turnkey multifamily CRE investment property in one of the country's fastest growing and most economically vibrant areas. Units consist of one 2 br, 1 bath unit (slab foundation) and one 1 br, 1 bath unit (pier and beam construction), each with their own laundry room. Long-term tenants (15-20 years) with leases in place; one is a section 8 tenant. Minimal overhead; rents at close to market with long-term tenants under lease. Tenants pay all utilities and are responsible for lawn care. Features updated in 2024-25 include: "¢ New metals roof on both structures "¢ Both units have new siding, insulation and stud and beam replacement where any evidence of decay or rot existed "¢ Exterior of both units painted "¢ New energy efficient windows in 2 br unit. "¢ All items noted on inspections addressed (seller will share the original inspection and termite reports with an accepted offer). "¢ Carport converted to 1 car, enclosed garage. "¢ 1 br / 1 bath unit leveled with new piers installed & numerous beams replaced "¢ New front door on 1 br / 1 bath unit "¢ Minor kitchen updates made in 1 br / 1 bath unit "¢ Bathroom, laundry remodeled in 1 br / 1 bath unit "¢ New city compliant water heater closet on 1 br / 1 bath unit "¢ Dead and problematic trees were trimmed back or removed altogether No showings unless under contract; internally or externally. If you drive by, please do not disturb the tenants. Buyer managed NOI of 85 and Cap Rate of 5.5 based on actual costs.
| DAYS ON MARKET | 2 | LAST UPDATED | 4/1/2025 |
|---|---|---|---|
| TRACT | Gallegos Seguin ISD | YEAR BUILT | 1992 |
| GARAGE SPACES | 1.0 | COUNTY | Guadalupe |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| CONSTRUCTION | HardiPlank Type |
| GARAGE | Yes |
| HEAT | Central |
| INTERIOR | Ceiling Fan(s) |
| LOT | 5706 sq ft |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Traditional |
| SUBDIVISION | Gallegos Seguin ISD |
| TAXES | 1721 |
| VIEW DESCRIPTION | None |
| WATER | Public |
| WATER ACCESS | None |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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Listed with Vantage Real Estate Group, LLC
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