1807 LA SOMBRA DR

La Sombra Apartments is truly a unique opportunity to purchase a stable, boutique multifamily asset in the heart of Alamo Heights amidst burgeoning development with the most desirable demographic characteristics in San Antonio. Property is positioned directly across from the newly constructed mixed-use Class A development at 7600 Broadway, Alamo Quarry Market, Lincoln Heights Shopping Center, and several other projects underway as part of the revitalization of the Broadway Corridor. Currently 100% occupied, Net Operating Income for 2023 projected in excess of $180K, average rent in place of $1.71/SF with great upside potential. Capital improvements over past 24 months include in-unit washer/dryer, new appliances, and flooring. Quality tenant base with zero delinquency in past 24 months. Total of 11 Units, 6 1-Bedroom, 5 2-Bedroom, sale includes 1803 & 1807 La Sombra.