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Wild Flower Townhomes 11803 Alamo Blanco St 24 Unit Apartment Building For Sale San Antonio, TX 78233
Investment Highlights
- BOUTIQUE TOWNHOME COMMUNITY, DESIRABLE UNIT MIX
- PROXIMITY TO MAJOR EMPLOYMENT & TRANSPORTATION HUBS
- STABLE TENANT BASE, THREE-BEDROOM CONVERSION OPPORTUNITY
Executive Summary
Wild Flower Townhomes presents an opportunity to acquire a 24-unit boutique townhome community located in Northeast San Antonio. Built in 1983, the property offers a desirable mix of two- and three-bedroom units, appealing to tenants seeking flexible living arrangements and additional space. Attached garages in two-bedroom units and private backyard spaces in select townhomes enhance tenant convenience and rental value. Nine garages have been converted to additional bedrooms, creating three-bedroom layouts that command premium rents, driving clear revenue upside.
The asset’s location positions residents with excellent connectivity to Loop 1604 and Interstate 35, reducing commute times to major employment hubs. Tenants benefit from proximity to everyday conveniences such as H-E-B and Walmart along Thousand Oaks Drive, along with regional job drivers like the Amazon fulfillment center and Baptist Medical Center. With occupancy levels below stabilization and limited supply of large floor plans in the market, a new owner can achieve attractive returns through lease-up strategies and leveraging the community’s unique amenities.
The asset’s location positions residents with excellent connectivity to Loop 1604 and Interstate 35, reducing commute times to major employment hubs. Tenants benefit from proximity to everyday conveniences such as H-E-B and Walmart along Thousand Oaks Drive, along with regional job drivers like the Amazon fulfillment center and Baptist Medical Center. With occupancy levels below stabilization and limited supply of large floor plans in the market, a new owner can achieve attractive returns through lease-up strategies and leveraging the community’s unique amenities.
Property Facts
| Sale Type | Investment | Building Size | 21,304 SF |
| No. Units | 24 | Average Occupancy | 88% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1983 |
| Building Class | C | Parking Ratio | 2.68/1,000 SF |
| Lot Size | 1.27 AC | ||
| Zoning | MF-33 | ||
| Sale Type | Investment |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 1.27 AC |
| Building Size | 21,304 SF |
| Average Occupancy | 88% |
| No. Stories | 2 |
| Year Built | 1983 |
| Parking Ratio | 2.68/1,000 SF |
| Zoning | MF-33 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 15 | - | 780 |
| 3+1.5 | 9 | - | 780 |
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Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 14397-024-0320 | Improvements Assessment | $2,190,472 CAD |
| Land Assessment | $329,131 CAD | Total Assessment | $2,519,603 CAD |
Property Taxes
Parcel Number
14397-024-0320
Land Assessment
$329,131 CAD
Improvements Assessment
$2,190,472 CAD
Total Assessment
$2,519,603 CAD
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Wild Flower Townhomes | 11803 Alamo Blanco St
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