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309 Calgary Ave
San Antonio, TX 78226
Port of SA Townhomes · Multifamily Property For Sale · 12 Units

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Investment Highlights

  • Stabilized, Cash Flowing Asset- consistently occupied 12-unit townhome community.
  • Strategic Proximity to Major Employment Drivers- located minutes from Port San Antonio and Lackland Air Force Base.
  • High Demand Unit Configuration- mix of 3-, 4-, and 5-bedroom large townhome style units.
  • Low density site with majority of units renovated including electrical upgrades in 2023 and all new roofs in 2024.

Executive Summary

309 Calgary Avenue is a stabilized 12-unit townhome community situated on approximately 2.1 acres, just minutes from Port San Antonio, one of the region’s largest employment and economic drivers. The property consists of three apartment buildings totaling 19,688 square feet of rentable living area and features a townhome-style configuration designed to support long-term tenancy. The community offers a diverse unit mix comprised exclusively of 3-, 4-, and 5-bedroom layouts, a highly desirable format that continues to command strong rental demand from a broad and diverse tenant base. The asset has demonstrated consistent occupancy, supported by durable demand drivers including proximity to Port San Antonio, which hosts more than 80 public and private-sector tenants such as Boeing, StandardAero, and GXO Logistics, as well as nearby Lackland Air Force Base. Residents benefit from covered parking and an on-site playground, enhancing tenant satisfaction and retention. The low-density site configuration provides ample open space, differentiating the property within the submarket and contributing to operational stability. Located less than two miles south of Highway 90, 309 Calgary Avenue offers efficient access to downtown San Antonio and the broader metropolitan area while remaining within a stable residential neighborhood. The property represents a compelling investment opportunity for buyers seeking immediate cash flow, long-term appreciation, and tax-efficient income, supported by strong operating fundamentals and a supply-constrained location.

Property Facts

Price Per Unit $192,832 CAD
Sale Type Investment
No. Units 12
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Townhome
Building Class B
Lot Size 2.13 AC
Building Size 19,688 SF
Average Occupancy 92%
No. Stories 2
Year Built 1950
Parking Ratio 1.07/1,000 SF
Opportunity Zone Yes
Zoning C-3 - Commercial

Amenities

Unit Amenities

  • Air Conditioning
  • Washer/Dryer Hookup
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Carpet
  • Vinyl Flooring

Site Amenities

  • 24 Hour Access
  • Recycling

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
5+2 1 - -
4+2 6 - -
3+1 5 - -

Property Taxes

Property Taxes

Parcel Number
07530-000-1320
Land Assessment
$473,657 CAD
Improvements Assessment
$435,734 CAD
Total Assessment
$909,391 CAD
  • Listing ID: 39404540

  • Date on Market: 2025-10-17

  • Last Updated:

  • Address: 309 Calgary Ave, San Antonio, TX 78226

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