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516 Gentleman Road
- 516 Gentleman Road, Balcon4 residential building and 2 supporting buildings
- Built in 1962, zoned Commercial Multi Family
- Potential for mid-term and long-term rentals
- Garden-style apartments with a cozy atmosphere
- Centralized courtyard with a pool
- TPO installed in May 2024 on 1 roof
- Close proximity to Medical Center, Downtown, I-10, and 410
- Tons of upside potential for highest and best use
Property Description
Introducing a prime investment opportunity in Balcones Heights, TX: a 24,076 SF multifamily property built in 1962. This Commercial Multi Family-zoned property comprises 28 units across 4 residential buildings and 2 supporting structures. Boasting a centralized courtyard with a pool, the garden-style apartments offer a cozy atmosphere. A recent TPO installation in May 2024 adds to the appeal. With close proximity to key locations such as the Medical Center, Downtown, I-10, and 410, this property presents significant upside potential for a savvy investor seeking mid-term and long-term rental opportunities.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| No. of Units: | 28 |
| Year Built: | 1962 |
| Lot Size: | 1.07 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
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