1006 County Road 4516 rd - Apartments FOR SALE


Castroville, TX 78009
$750,000 USD
210-846-7400
1006 County Road 4516 rd, Castroville, TX for Sale
$750,000 USD
Apartments - FOR SALE
1/10
null | 6.8% Cap Rate

1006 County Road 4516 rd
Castroville, TX 78009


HIGHLIGHTS

  • New Construction
  • 1.03 Acre Site
  • Across from The Alsatian Golf Course

OVERVIEW

This 4-plex is new construction just completed is located across the street from The Alsatian Golf Course and Ville de Alsace subdivision with large lots and high end houses. The owner has started leasing out the units but will leave one unit vacant, in case an owner-occupant comes along. This would be great for an owner occupant using FHA or VA financing for better rates and lower down payment. The building is on a 1 acre lot so there is room for additional improvements. The units have separate electric meters and a single water meter. Come and enjoy Castroville with its Alsatian charm and history only 26 miles from San Antonio. Appliance package includes stove, refrigerator, washer and dryer.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$156 USD /SF

# OF UNITS

4

PRICE/UNIT

$187,500

CAP RATE

6.8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Riso Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

OCL

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ken MartinezGreat Metro RealtyMore Info
210-846-7400

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Ken MartinezGreat Metro RealtyMore Info
210-846-7400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.