9718 Caney Creek
SANANTONIO, 78245
About this Property
SELLER WILL FINANCE THE WRAPAROUND MORTGAGE WITH 20% DOWN, INTEREST RATE 8%, AMORTIZED OVER 30 YEARS AND BALLON IN 5 YEARS. INCREDIBLE INVESTMENT OPPORTUNITY/ INCOME POTENTIAL AND RARE OPPORTUNITY IN ADAMS HILL! THIS UNIQUE PROPERTY HAS BEEN CUSTOMIZED TO INCLUDE 11 BEDROOMS AND 11 FULL BATHROOMS INCOME -PRODUCING PROPERTY + RV UNIT!! OFFERING FLEXIBILITY FOR A VARIETY OF LIVING OR INVESTMENT OPTIONS! A RARE FIND IN SAN ANTONIO OFFERING A FULLY FURNISHED, INCOME-GENERATING PROPERTY DESIGNED FOR HIGH OCCUPANCY AND CASH FLOW. THIS UNIQUE HOME FEATURES 11 PRIVATE BEDROOMS, 11 FULL BATHROOMS, AND AN ADDITIONAL RV TRAILER UNIT, EACH WITH INDIVIDUAL RENTAL POTENTIAL. EACH BEDROOM INCLUDES A PRIVATE FULL BATHROOM, IDEAL FOR MULTI- GENERATIONAL LIVING, SHORT - TERM RENTALS. CENTRAL LOCATION WITH EASY ACCESS TO HWY 90, LOOP 410, LACKLAND AFB, SHOPPING, DINING AND SCHOOLS. PROPERTY HIGHLIGHTS: EACH ROOM HAS ITS OWN PRIVATE FULL BATHROOM, ALL ROOMS COME FURNISHED WITH BEDS AND CLOSETS, 12 TOTAL RENTABLE UNITS (INCLUDING RV TRAILER), 12 DEDICATED PARKING SPACES INSIDE THE PROPERTY, 21 FULLY PAID-OFF SOLAR PANELS, COIN-OPERATED WASHER & DRYER GENERATES APPROX. $300-$400/MONTH, NEW 5-TON HVAC SYSTEM WITH WARRANTY, NEW BOILER WITH WARRANTY, NEW ROOF WITH 30-YEAR WARRANTY, NEW SIDING/SHINGLES AROUND THE ENTIRE HOME. CURRENT ROOM RENTAL INCOME: ROOMS 1-3, 5-7, 8-10: $600/MONTH, ROOM 4: $700/MONTH (LARGER ROOM), ROOM 11: $550/MONTH (SMALLER ROOM), RV TRAILER UNIT: $650/MONTH. TOTAL POTENTIAL MONTHLY INCOME: $7,600+ MONTHLY UTILITY EXPENSES (SAMPLE):ELECTRICITY: RANGES FROM $239 TO $429 (BASED ON OCT-JAN USAGE). WATER: RANGES FROM $197 TO $236 (BASED ON SEP-DEC USAGE). INTERNET: $50/MONTH. DONT MISS OUT THE CHANCE TO OWN THIS EXTRAORDINARY INCOME - PRODUCING PROPERTY. A TRUE GEM IN SAN ANTONIO PERFECT FOR INVESTORS SEEKING STRONG RETURNS IN A GREAT LOCATION. NO HOA!!
Schools
- Elementary School: ADAMS HLL
- Middle School: PEASE
- High School: STEVENS
Due to the increasing growth in San Antonio and the surrounding areas, the affected School Districts may move the attendance boundaries of their schools. Before you buy a house, you should verify any changes.
Source: San Antonio Board of Realtors.