2003 Medical PKWY, San Marcos TX 78666,San Marcos,Hays,Commercial Sale

$ 1,699,000
2003 Medical PKWY, San Marcos TX 78666

Overview

  • Property ID
  • 255249
  • 1 ac

Description

Location! Location! Location! Fully Leased. Right next to CHRISTUS Santa Rosa Hospital – San Marcos. Property is fully leased. 3 commercial suites fully leased by long time clients. 2 residential studio apartments leased out. Suite A is 1553 square feet with 3 bath rooms. Suite B is 2376 Square feet is with 2 bathrooms will upstairs office/conference room. Suite C is 1553 square feet with 3 bathrooms. Both apartments are 611 square feet. Updates have been completed. Total gross income starting January 1 is $13,600 a month! Proforma 7.19% Cap Rate.

Property Id : 255249
Price: $ 1,699,000
Property Lot Size: 1 ac
Syndication Remarks: Location! Location! Location! Fully Leased. Right next to CHRISTUS Santa Rosa Hospital – San Marcos. Property is fully leased. 3 commercial suites fully leased by long time clients. 2 residential studio apartments leased out. Suite A is 1553 square feet with 3 bath rooms. Suite B is 2376 Square feet is with 2 bathrooms will upstairs office/conference room. Suite C is 1553 square feet with 3 bathrooms. Both apartments are 611 square feet. Updates have been completed. Total gross income starting January 1 is $13,600 a month! Proforma 7.19% Cap Rate.
Parking Features: Asphalt,Concrete
Lot Size(acres): 0.5
Lot Size(sf): 21780
Country: US
Last Listing Change: 2023-11-27T20:10:52.617Z
Property Key: 48209|R41425|1|140925004
Status Contractual Search Date: 2023-11-27
Listing Key Numeric: 120199126
Est. Taxes: 23951.19
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: No
#Photos: 40
Last Price Change: 2023-11-27T20:10:52.617Z
State: TX
Last Status Change: 2023-11-27T20:09:03.720Z
Street Name: Medical
Street# Ext.: 2003
Street#: 2003
Street Suffix: PKWY
Occupancy(%): 100
Property Match: APN
$/Building Area: 215.55
Accessibility Features: Hand Rails
Building Area Total: 7882
Building Features: See Remarks
Construction Materials: Brick
Cooling: Central Air,Electric
Current Use: Medical/Dental,Residential
Directions: Traveling I-35 South Exit Wonder World Drive. Take left on Wonderworld. Take left on Medical Parkway. 2003 Medical Parkway on your Right.
Flooring: Carpet,Laminate
Foundation Details: Slab
Heating: Central,Electric
Listing ID: 6197900
Listing Terms: Cash,Conventional
MLS Area Major: HS
Status: Active
#Buildings: 1
Other Structures: None
Parcel#: 1574700000003003
Possession: Close Of Escrow,Funding
Property Condition: Resale
Road Surface Type: Asphalt
Sewer: Public Sewer
Special Listing Conditions: Standard
Stories Total: 2
Tax Annual($): 23951.19
Utilities: Cable Connected,Electricity Connected,Internet-Cable,None Available,Phone Connected,Sewer Connected
View: City Lights
Water Source: Public
Year Built: 1986
$ 11,635.11
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 8,591.07
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Info is deemed accurate but not guaranteed. Published info is subject to change. Buyers should conduct their own due diligence and research.

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Gerald Bodle, MBA