2527 Observation

This fully renovated triplex presents a rare, turnkey investment opportunity in a high-demand rental market near Lackland Air Force Base, SeaWorld and many major employers. Renovated in 2023 with a full down-to-the-studs rehabilitation, this property offers peace of mind for investors seeking stable cash flow and long-term value. Major capital improvements include a brand-new foundation, new roof, complete PEX plumbing and new drain lines, all-new electrical systems, new drywall, energy-efficient windows, doors, and modern finishes throughout. The property is zoned R-6 and consists of three units, two of which are currently occupied, providing immediate income with room to increase future returns once fully stabilized. With all major systems updated, this asset offers a true turnkey investment with minimal immediate capital expenditures required. Ideal for investors seeking a blend of strong cash flow, future upside potential, and asset appreciation.