$ per unit
$140,000
Units
50
601-641 Tarasco, San Antonio, TX, 78227
Rainbow Hills Duplexes$3,500,000
Key Information
Type
Apartments
Highlights
- First time available for purchase in over 50 years – A rare and unique opportunity to acquire a historic, 25 property portfolio from the original development group
- Incredible Basis – Pricing of $140,000 per duplex is the lowest price in the comp set
- Substantial Rent Growth Opportunity – Aligning rents with market could generate an additional $200,000+ in yearly income, significantly improving the property’s value.
- Modernization Potential – With light interior upgrades, the property can command even higher rental premiums
Photos
Location
Agents
A
Andrew KopenecLicense # 746316 (TX)
R
Richard WaterhouseLicense # License No. 756367 (TX)
Financing Agents
M
Mark JohnsonLicense # License No. 799995 (TX)
Broker of Record
Patrick Graham
License # 9005919 (TX)Matthews Real Estate Investment Services8300 Douglas Ave., Ste. 750, Dallas, TX 75225