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13-unit multifamily community (mix of 1BR & 2BR). Current average rent: $656 per unit. Gross monthly rent: $8,537 when fully occupied. Pro-Forma Rent - $9187. Location Highlights: Steps from Woodlawn Lake Park-one of San Antonio's most recognized recreation areas, currently undergoing city-funded upgrades. Minutes to downtown, Deco District, and the Medical Center corridors. High renter demand submarket with strong walkability and transit options. Investment Upside. Mark-to-market rents: comps in the area show $775-$850 achievable with light upgrades. Potential to implement RUBS utility billing, reserved parking, and laundry revenue. Strong community appeal with easy access to lifestyle amenities. Other multi-family properties available.
Copyright © 2026 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable ...
Copyright © 2026 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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