4914 San Bernardo Ave Unit #80, Laredo, TX 78041

$5,500,000
1
BA
118,483
SqFt
List Price
$5,500,000
Status
ACTIVE
MLS#
20221524
Bathrooms
1
Full Baths
1
Living Area
118,483
Lot Sq. Feet
139767

Property Description

Pro forma NOI $574,534 Cap rate of 8.92% -Ballroom potential profit (potential $10k/month, currently unrealized due to lack of marketing) -Restaurant lease income, gameroom income ($6k/month, unrealized value because it is brand new) -Upside potential in room revenue -Revenue trending higher (ex: 12/2021 was highest grossing month in property history $151K for the month, Q1 was highest grossing Q1 in history of property); even higher potential with better revenue management

Additional Information

Area
06 W Of Ih 35, Between Del Mar A

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Laredo.