Address: 2943 Pitluck Ave, San Antonio, TX 78211
Description: Affordable homes are at an all-time high demand, excellent location south of downtown, needs to be converted into a 3 bedroom 2 bath. 2 beds, 1 bath, 1014 sqft., estimated repairs: 40K, clean/lawn maintenance/interior paint/exterior paint, plumbing/electrical up to code, flooring, sheetrock/texture, roof, foundation, 1 room addition. Max After Repair Value: 130K.
Price: $59,000 cash
Exit Strategy: Alternative exit for under market San Antonio investment property – repair with 20k in repairs: $995.00 monthly rent, see attached sold/rental comparables.
Comps: Rental Comps 2943 Pitluk Sold Comps 2943 Pitlik Ave
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