FOR SALE Tri-Plex Residential Offering, San Antonio, TX 78210 Uniqe Rental Property Offering Exclsively Marketed by: Michael D. Noll, CCIM, CPM Broker 210-479-6169 The information contained herein was obtained from sorces believed reliable; however we make no garantees, warranties or representations as to the completeness or accracy thereof. The presentation of this offering is sbmitted sbject to errors, omissions, changes of price or conditions prior to sale or withdrawal withot notice.
Tri-Plex Residential Offering Exective Smmary LOCATION: DESCRIPTION: NEIGHBORHOOD: SCHOOLS: The homes are located in near soth-central San Antonio, jst north of the New Branfels/ Gevers exit on IH 10E, in the revitalied Denver Heights Neighborhood. Mapsco Map Reference Pg. 617, D8. The two-story strctre was originally bilt in the 1930 s. The home is 2,389 sqare feet in sie, partitioned into three residential nits with a total of for bedrooms, three bathrooms and sitated on a 5,000 SF lot. BCAD Property ID: 118468. Originally the Denver Heights Neighborhood was bilt ot in the 1930 s to 1940 s. Homes in this historic area are craftsman-style wood frame strctres containing two and three bedrooms with one bathroom. The area has recently ndergone significant revitaliation to inclde street and drainage improvements, expansion and refrbishment of the local schools, and adding new parks with commnity gardens and walk/bike trails. Smith Elementary School, Poe Middle School, Highlands High School. ZONING: C-2 ECONOMICS: Address Monthly Rent Annalied Income Unit 1 $550 $ 6,600 Unit 2 $600 $ 7,200 Unit 3 $700 $ 8,400 Total $22,200 Annalied Expenses Taxes $1,703 Insrance $2,400 Repairs $1,800 Total $5,903 Operating Income: $16,297 Cash-on-Cash Retrn 16.5% COMMENTS: SALES PRICE: CONTACT: SPECIAL NOTE: Uniqe investment property with an excellent location near downtown San Antonio. Crrent owners have held properties for over 30 years and performed extensive pgrades and remodeling. Properties are rotinely 100 % occpied. $99,000 ($41 per SF) Michael D. Noll, CCIM, CPM, Broker Office: 210-479-6169 / Mobile: 210-844-8289 : mdnoll@sbcglobal.net Please do not distrb tenants. Direct all inqiries to Broker
San Antonio, TX 78210 0 I 2 3 4 3.11. I / Michael D. Noll, CCIM, CPM. BROKER : 210-479-6169
Neighborhood Map 1@1 CONTINUED ON MAP 583 1@1 78219 ~ ~ 4 e ~ : :0 w ~ V> 0 Joe & Harry sac Cl Freeman Center ~ Colisem "' 32.J,J..., t= 0 5 e SCALE IN MILES c [! CONTINUED ON MAP 651 l l E SCALE IN FEET 0 1/8 1/4 3/8 1/2 0 1000 2000 3000
Information Abot Brokerage Services Texas law reqires all real estate licensees to give the following information abot brokerage services to prospective byers, tenants, sellers and landlords. 11 /2/2015 TYPES OF REAL ESTATE LICENSE HOLDERS: A BROKER is responsible for all brokerage activities, inclding acts performed by sales agents sponsored by the broker. A SALES AGENT mst be sponsored by a broker and works with clients on behalf of the broker. A BROKER'S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): Pt the interests of the client above all others, inclding the broker's own interests; Inform the client of any material information abot the property or transaction received by the broker; Answer the client's qestions and present any offer to or conter-offer from the client; and Treat all parties to a rea l estate transaction honestly and fairly. A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION: AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent throgh an agreement with the owner, sally in a written listing to sell or property management agreement. An owner's agent mst perform the broker's minimm dties above and mst inform the owner of any material information abot the property or transaction known by the agent, inclding information disclosed to the agent or sbagent by the byer or byer's agent. AS AGENT FOR BUYER/TENANT: The broker becomes the byer/tenant's agent by agreeing to represent the byer, sally throgh a written representation agreement. A byer's agent mst perform the broker's minimm dties above and mst inform the byer of any material information abot the property or transaction known by the agent, inclding information disclosed to the agent by the seller or seller's agent. AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker mst first obtain the written agreement of each party to the transaction. The written agreement mst state who will pay the broker and, in conspicos bold or nderlined print, set forth the broker's obligations as an intermediary. A broker who acts as an intermediary: Mst treat all parties to the transaction impartially and fairly; May, with the parties' written consent, appoint a different license holder associated with the broker to each party (owner and byer) to commnicate with, provide opinions and advice to, and carry ot the instrctions of each party to the transaction. Mst not, nless specifically athoried in writing to do so by the party, disclose: o that the owner will accept a price less than the written asking price; o that the byer/tenant will pay a price greater than the price sbmitted in a written offer; and o any coincidental information or any other information that a party specifically instrcts the broker in writing not to disclose, nless reqired to do so by law. AS SUBAGENT: A license holder acts as a sbagent when aiding a byer in a transaction withot an agreement to represent the byer. A sbagent can assist the byer bt does not represent the byer and mst place the interests of the owner first. TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: The broker's dties and responsibilities to yo, and yor obligations nder the representation agreement. Who will pay the broker for services provided to yo, when payment will be made and how the payment will be calclated. LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information prposes. It does not create an obligation for yo to se the broker's services. Please acknowledge receipt of this notice below and retain a copy for yor records. Michael D. Noll 364298 Licensed Broker /Broker Firm Name or Primary Assmed Bsiness Name mdnoll@sbcglobal.net (210)479-6169 Designated Broker of Firm Licensed Spervisor of Sales Agent/ Associate Sales Agent/Associate's Name Byer/Tenant/Sell er/landlord Initials Date Reglated by the Texas Real Estate Commission Information available at www.trec.texas.gov IABS 1-0 Date Land and Lake Realty, 3623 H nters Dream San Antonio, TX 78230 : (210)479-6169 Fax: (2 10)479-6163 Unlllled Michael Noll Prodced with lpform by iplogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 W«W lologix com