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222 Merida St

San Antonio, TX 78207
  • $1,195,000
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: 1774141
UPDATED: 132 min ago
$1,195,000
  • 0
    BEDS
  • 0.43
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,685
    SQFT
  • $155
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1989
County:
Area:

School Ratings & Info

School District:

Description

218-222 Merida is a garden-style apartment community built in 1987 and consisting of ten spacious two-bedroom / one-bath units, each with washer/dryer connection and additional storage. Upgrades to units include new plank flooring, updated fixtures and LED package, faucets, sinks, appliances, blinds, and countertops. Ownership has implemented a water conservation program (inclusive of low-flow toilets, shower heads, and sink aerators), while also upgrading plumbing in bathrooms. Exterior upgrades include replacement of 40% of the HVAC systems and ducts in 20% of the units, repaired roofs, parking areas, and siding, as well as installation of solar screens and a video security system with high-speed internet. CapEx infusion during 2021-2024 encompasses $34k in exteriors and $100k for the interiors; totaling around $135k in CapEx.

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© 2024 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Exquisite Properties, LLC. Last updated 2024-05-23T18:33:52.25.
www.exquisitesa.com/homes/150411434
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222 Merida St San Antonio, TX 78207

  • Price: $1,195,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 132 min ago
  • MLS #: 1774141
0
Beds
0
Baths
0
½ Baths
0.43
Acres
7,685
SQFT
$155
$/SQFT
1989
Built
Neighborhood:
San Antonio
County:
Bexar
Area:
San Antonio
School District:
San Antonio I.S.D.
Property Description
218-222 Merida is a garden-style apartment community built in 1987 and consisting of ten spacious two-bedroom / one-bath units, each with washer/dryer connection and additional storage. Upgrades to units include new plank flooring, updated fixtures and LED package, faucets, sinks, appliances, blinds, and countertops. Ownership has implemented a water conservation program (inclusive of low-flow toilets, shower heads, and sink aerators), while also upgrading plumbing in bathrooms. Exterior upgrades include replacement of 40% of the HVAC systems and ducts in 20% of the units, repaired roofs, parking areas, and siding, as well as installation of solar screens and a video security system with high-speed internet. CapEx infusion during 2021-2024 encompasses $34k in exteriors and $100k for the interiors; totaling around $135k in CapEx.
Exterior Features

Construction Wood Drive In Doors 0 Foundation Slab Loading Facilities None Lot Dimensions Length 174 Lot Dimensions Width 114 Rail Service No Roof Composition Total Parking 18

Interior Features

Air Conditioning CentralIndividual Meters Apartment Sq Ft 7685 Ceiling Height 8 Heating CentralIndividual Meters Office Sq Ft 0 Other Sq Ft 0 Retail Sq Ft 0 Warehouse Industrial Sq Ft 0

Property Features

Amenities Exterior Lighting Annual Tax 22958 Approx Age 35 Available With Lease No Building Center Name MERIDA APARTMENTS City Tax 4988.04 Commercial Type Apartments County Tax 2762.99 Flood Plain None Gas And Electric 3146 Gross Building Area 7685 Gross Income 128919 Income Expenses Actual Insurance 7632 Lease Only No Maintenance 2903 Monthly Lease 0 Net Leasable Area 7685 Net Operating Income 84231 Other Expense 2614 Other Tax 4083.57 Potential Short Sale No Proposed Terms Sale OnlyCash Rentals 10 Restrictions Other Sale Includes BuildingsLandFixtures School Tax 11124.02 Total Tax 22958.62 Utilities ElectricityWaterSewerCable TV Utility Supplier Elec CPS Energy Utility Supplier Garbage City Utility Supplier Gas NONE Utility Supplier Sewer SAWS Utility Supplier Water SAWS Waste Removal 1970 Zoning R-4

Listing information © 2024 San Antonio Board of REALTORS®.
Listing provided courtesy of Stephen Guzek of Lifestyles Realty, Inc.: steve.guzek@lifestylesrealtyinc.com, (210) 317-1179.


© 2024 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Exquisite Properties, LLC. Last updated 2024-05-23T18:33:52.25.
 
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San Antonio TX, 78232