Committed and Competent
8325 Fm 327 , Elmendorf, TX 78112
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  • MLS#: 1895158 ( Commercial Improved Prop )
  • Street Address: 8325 Fm 327
  • Viewed: 48
  • Price: $625,000
  • Price sqft: $164
  • Waterfront: No
  • Year Built: 1970
  • Bldg sqft: 3812
  • Days On Market: 109
  • Additional Information
  • County: BEXAR
  • City: Elmendorf
  • Zipcode: 78112
  • District: East Central I.S.D
  • Provided by: Success Realty of Texas LLC
  • Contact: Albert Ochoa
  • (210) 317-7528
  • San Antonio, TX MLS IDX
  • DMCA Notice
  • Description
    This 8 unit manufactured housing community provides significant upside potential for new ownership. The Cozy Cottages have been remodeled and well maintained, and cared for, ensuring a hassle free transition for new owners. With proactive management of repairs and upgrades, this property offers investors ease of ownership and peace of mind. The Cottages are situated in a submarket with robust fundamentals, and benefit from a stable and growing rental market, along with being located close to employment centers in the growing vicinity of Elmendorf such as a large Home Depot Distribution Warehouse, Semi Truck Manufacturer Navistar, and several others. There are three major thoroughfares within seven miles of the property, including Interstates 37 and 410 and Loop 1604. The Cozy Cottages of Elmendorf also boasts not only minimal deferred maintenance but also a significant increase in rental income over the past year. All units have undergone significant remodeling. New owners have the opportunity to maintain this trend by continuing to lease units at rates already being captured and proven. Additionally, The Cottages have City Water, four septic systems, and 94 solar panels ($90,000 + Paid Off and convey) on the property, for low monthly utility bills. Buyers could be a multi family investor or a family that wants multi generational living. The property is ready for new ownership in either category. The property is zoned OCL (Outside City Limits).
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Features
Building and Construction
  • Apprx Age: 55
  • Buildingcenter Name: COZY COTTAGES ELMENDORF
  • Construction: Wood, Metal
  • Net Leasable Area: 3812
  • Roof: Other
School Information
  • School District: East Central I.S.D
  • School Tax: 2034
Garage and Parking
  • Num Total Parking: 20
Eco-Communities
  • Water/Sewer: 5400
Utilities
  • Gas And Electric: 2000
  • Rail Service: No
  • Utilities: Electricity, Water, Septic, Solar
  • Utility Supplier Elec: CPS
  • Utility Supplier Gas: NONE
  • Utility Supplier Grbge: ELMENDORF
  • Utility Supplier Sewer: SEPTIC
  • Utility Supplier Water: ELMENDORF
Amenities
  • Amenities: Exterior Lighting, Outside Storage
Finance and Tax Information
  • Annual Tax: 5000
  • Available W Lease: No
  • Days On Market: 106
  • Insurance: 4000
  • Net Operating Income: 46368
  • Other Tax: 1925
  • Total Tax: 5489
Rental Information
  • Vacancy Rate / Year: 4392
Other Features
  • Contract: Exclusive Right To Sell
  • Easements: Electric, Telephone
  • Flood Plain: None
  • Instdir: Across from Elmendorf City Hall & the Elmendorf Post Office.
  • Legal Description: PCB 4045 BLK LOT 7 MH LABEL NTA1588304 & REFER 81900-000-207
  • Loading Facilities: None
  • Ph To Show: 210-317-7528
  • Restrictions: Other
  • Sale Includes: Buildings, Land, Business
  • Views: 48
  • Waste Removal: 1300
  • Zoning: OCL
Owner Information
  • Owner Lrealreb: Yes
Headshot for Associate Dwain Harris
  1. Dwain Harris, REALTOR ®
  2. Premier Realty Group
  3. Committed and Competent
  4. Mobile: 210.416.3581
  5. Mobile: 210.416.3581
  6. Mobile: 210.416.3581
  7. dwainharris@aol.com