Prime garden rise apartment development opportunity located just 10 minutes from downtown San Antonio and Lackland Air Force Base. This property is being sold as a package deal along with 3 adjacent vacant lots. List price includes all 4 tracts. 1318 and 1326 Menefee are each .405 acre lots zoned MF-33. 1334 Menefee is a 3.218 acre lot zoned R-6. 1322 Menefee sits on a .434 acre lot zoned MF-33. Potential rezoning of 1334 Menefee would create 4.462 acres of multifamily development acreage. Existing complex contains 11 units. As of February 2023, 10 are occupied with 1 unit undergoing an eviction. Ten units are 1 bed 1 bath or studio style and one unit is a 3 bed 2 bath. Property would require substantial investment for needed improvements to the existing structure. Sold as is.
Listing courtesy of Laurent Maksoud from John Hill, Broker. Contact: 214-808-7500
Selling Office: John Hill, Broker.
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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