$744,000
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5,580 SqFt
SOLD DATE : 10/30/2023
Key Details
Property Type Commercial
Sub Type Commercial Improved Prop
Listing Status Sold
Purchase Type For Sale
Square Footage 5,580 sqft
Price per Sqft $133
MLS Listing ID 1666280
Sold Date 10/30/23
Construction Status Wood
Year Built 1980
Annual Tax Amount $9,042
Lot Size 0.434 Acres
Property Description
Prime garden rise apartment development opportunity located just 10 minutes from downtown San Antonio and Lackland Air Force Base. This property is being sold as a package deal along with 3 adjacent vacant lots. List price includes all 4 tracts. 1318 and 1326 Menefee are each .405 acre lots zoned MF-33. 1334 Menefee is a 3.218 acre lot zoned R-6. 1322 Menefee sits on a .434 acre lot zoned MF-33. Potential rezoning of 1334 Menefee would create 4.462 acres of multifamily development acreage. Existing complex contains 11 units. As of February 2023, 10 are occupied with 1 unit undergoing an eviction. Ten units are 1 bed 1 bath or studio style and one unit is a 3 bed 2 bath. Property would require substantial investment for needed improvements to the existing structure. Sold as is. Call or text agent regarding showings.
Location
State TX
County Bexar
Area 2200
Zoning MF-33
Interior
Heating Window Unit
Cooling Window
Exterior
Garage Spaces 12.0
Utilities Available Electricity, Water
Roof Type Composition
Building
Story 2
Level or Stories 2
Construction Status Wood
Schools
School District Edgewood I.S.D
Others
Acceptable Financing Sale Only
Listing Terms Sale Only
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