Exceptional Off-Market San Antonio Triplex $650k
141 E Woodlawn Ave, San Antonio
ROI
22.08% IRR
Strategy
Short Term Rental
Fair market value is $675k. Seller put over $100k into recent upgrades and the building is in an excellent area and in great condition. The lower level is a 3-bed unit. The upper apartments are both 1 bed units. Perfect for a househacker, or a short-term rental investor looking to leverage a utilitarian str model. Currently there are 3 mid-term tenants in-place paying $1280, $1280, $2160. They will either stay or vacate upon sale according to the new buyer’s discretion. 1-bedroom STR units in the area average $2000 per month and 3 bedrooms average approx $2700 per month. Projected topline revenue as a STR is $6700 / month. *furnishings included*
