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3221 N Flores St
San Antonio, TX 78212
Alta Vista Multifamily · Immeuble residentiel Propriété À vendre
·
6 Unités
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Faits saillants de l'investissement
- In ground swimming pool and courtyard
- Great Alta Vista location close to downtown
Résumé de l'annonce
6-unit multifamily value-add opportunity in Alta Vista, offered at $950,000 ($235/SF). The property totals 4,039 SF on 0.29 acres, built in 1926, with two stories, a central courtyard, in-ground pool, and on-site parking — amenities that command rent premiums in this submarket once stabilized.
Current in-place rent is $4,300/month across three occupied month-to-month units, all at below-market rates, leaving immediate rent-growth on the table. One unit is occupied at no cost, one 2BR/1BA is mid-construction and will transfer to the new owner for completion, and a sixth unit remains available for optimization. There are no long-term leases encumbering the asset — a clean reset for a new operator.
The property is zoned R-6 CD NCD-2 and sits along N Flores with strong accessibility to downtown San Antonio, The Pearl district, and major employment corridors. Walk Score 68, Transit Score 50.
Offered as an estate sale. Cash, conventional, and investor financing terms accepted. This is a repositioning play with multiple value-creation paths: rent optimization, completion of existing construction, light renovation, and professional management. Priced below the $634K tax-assessed value adjusted for upside — not a stabilized-asset price.
Current in-place rent is $4,300/month across three occupied month-to-month units, all at below-market rates, leaving immediate rent-growth on the table. One unit is occupied at no cost, one 2BR/1BA is mid-construction and will transfer to the new owner for completion, and a sixth unit remains available for optimization. There are no long-term leases encumbering the asset — a clean reset for a new operator.
The property is zoned R-6 CD NCD-2 and sits along N Flores with strong accessibility to downtown San Antonio, The Pearl district, and major employment corridors. Walk Score 68, Transit Score 50.
Offered as an estate sale. Cash, conventional, and investor financing terms accepted. This is a repositioning play with multiple value-creation paths: rent optimization, completion of existing construction, light renovation, and professional management. Priced below the $634K tax-assessed value adjusted for upside — not a stabilized-asset price.
Faits sur la propriété
| Prix par unité | 220 126 $ CAD | Style d’appartement | De faible hauteur |
| Type de vente | Investissement | Classe d’immeuble | C |
| Taux de capitalisation | 3,40% | Taille du lot | 0,29 AC |
| Condition de vente | Propriété à inoccupation élevée | Taille du bâtiment | 4 039 pi² |
| Multiplicateur du loyer brut | 18.4 | Occupation moyenne | 50% |
| Nombre d’unités | 6 | Nombre d’étages | 2 |
| Type de propriété | Immeuble residentiel | Année de construction | 1926 |
| Sous-type de propriété | Appartement | Ratio de stationnement | 1,49/1 000 pi² |
| Zonage | R-6 - R-6 Multifamily Residential | Conditional District | Alta Vista Historic Neighborhood Conservation District (NCD-2) | ||
| Prix par unité | 220 126 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 3,40% |
| Condition de vente | Propriété à inoccupation élevée |
| Multiplicateur du loyer brut | 18.4 |
| Nombre d’unités | 6 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,29 AC |
| Taille du bâtiment | 4 039 pi² |
| Occupation moyenne | 50% |
| Nombre d’étages | 2 |
| Année de construction | 1926 |
| Ratio de stationnement | 1,49/1 000 pi² |
| Zonage | R-6 - R-6 Multifamily Residential | Conditional District | Alta Vista Historic Neighborhood Conservation District (NCD-2) |
Commodités
Commodités du site
- Cour
- Piscine
- Édifice d'époque
- Solarium
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 1+1 | 4 | - | - |
Impôts fonciers
| Numéro de lot | 01800-008-0080 | Évaluation des bâtiments | 602 599 $ CAD |
| Évaluation du terrain | 278 916 $ CAD | Évaluation totale | 688 399 $ CAD |
Impôts fonciers
Numéro de lot
01800-008-0080
Évaluation du terrain
278 916 $ CAD
Évaluation des bâtiments
602 599 $ CAD
Évaluation totale
688 399 $ CAD
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