Description
Turnkey Quadplex Investment in La Vernia - 8.5 Cap Rate! 104 San Antonio Road, Lot 1, La Vernia, TX 78121 Attention investors-your next cash-flowing asset is here! This fully occupied quadplex is nestled in the heart of La Vernia, a fast-growing community just outside San Antonio. Each of the four units features 2 bedrooms and 2 bathrooms, making them ideal for tenants seeking both comfort and space. Steady income & Strong returns. Gross Operating Income: $49,380/year Taxes: $7,728.61 Management Fee: $4,444.20 Net Operating Income (NOI): $37,207.19 At a sales price of $438,435, this property delivers an impressive 8.5 cap rate - but if new owner self manages the cap rate goes up to 9.5 - a golden opportunity for investors looking to expand or start their rental portfolio with reliable, low-maintenance income. With all units rented and property management in place, this is a true plug-and-play investment in a desirable location. La Vernia continues to grow, making this a smart buy for both short-term cash flow and long-term appreciation. Snag this gem before someone else does! Properties like this don't stay on the market for long!
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0BEDS
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0.24ACRES
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0BATHS
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01/2 BATHS
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4,240SQFT
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$103$/SQFT
School Information
Description
Turnkey Quadplex Investment in La Vernia - 8.5 Cap Rate! 104 San Antonio Road, Lot 1, La Vernia, TX 78121 Attention investors-your next cash-flowing asset is here! This fully occupied quadplex is nestled in the heart of La Vernia, a fast-growing community just outside San Antonio. Each of the four units features 2 bedrooms and 2 bathrooms, making them ideal for tenants seeking both comfort and space. Steady income & Strong returns. Gross Operating Income: $49,380/year Taxes: $7,728.61 Management Fee: $4,444.20 Net Operating Income (NOI): $37,207.19 At a sales price of $438,435, this property delivers an impressive 8.5 cap rate - but if new owner self manages the cap rate goes up to 9.5 - a golden opportunity for investors looking to expand or start their rental portfolio with reliable, low-maintenance income. With all units rented and property management in place, this is a true plug-and-play investment in a desirable location. La Vernia continues to grow, making this a smart buy for both short-term cash flow and long-term appreciation. Snag this gem before someone else does! Properties like this don't stay on the market for long!
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