222 Merida St Active

San Antonio,TX 78207-7700

$ 1150000

- Bed

- Bath

7685 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Improved Prop

Listing Status Active

Purchase Type For Sale

Square Footage 7,685 sqft

Price per Sqft $149

MLS Listing ID 1774141

Year Built 1989

Annual Tax Amount $22,958

Lot Size 0.432 Acres

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.

Location

State TX

County Bexar

Area 0700

Zoning R-4

Interior

Heating Central,Individual Meters

Cooling Central,Individual Meters

Exterior

Garage Spaces 18.0

Utilities Available Electricity,Water,Sewer,Cable TV

Amenities Available Exterior Lighting

Roof Type Composition

Building

Story 2

Foundation Slab

Schools

School District San Antonio I.S.D.

Others

Acceptable Financing Sale Only,Cash

Listing Terms Sale Only,Cash

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