1 / 1210-Unit Multifamily in Olmos Park, TX
Bexar County, TX · listed Jun 8, 2026 (142 days)
- $/unit
- $66,000
- ▼ 34% vs TX · 19th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 10
- 1931
Financials
- Asking price
- $659,999
- Price per unit
- $66,000
- Price per sq ft
- $153
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 10
- Unit mix
- ten 1 bedroom, 1 bath units
- Buildings
- Not stated
- Year built
- 1931
- Building size
- 4,320 sq ft
- Avg unit size
- 432 sq ft
- Lot size
- 0.1 acres
- Condition
- Value-add
Deal terms
- Owner financing
- Available
Listing
- Listed
- Jun 8, 2026
- Days on market
- 142 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1192
About this property
Vacant 10-Unit Value-Add Multifamily — Steps from Downtown San Antonio & San Antonio College
(address on request)nue presents a rare vacant-delivery acquisition opportunity in San Antonio’s Alta Vista submarket, immediately adjacent to Downtown San Antonio and San Antonio College. The offering consists of ten (10) fully vacant one-bedroom/one-bathroom units — 10 beds and 10 baths total — across 4,320 SF on a 0.103-acre infill lot, allowing a new owner to execute a full renovation and re-lease program without tenant relocation or buyout costs.
At $659,999 ($65,999.90 per unit / $152.78 per SF), the basis leaves room for a comprehensive capital improvement program while remaining attractive relative to new-construction replacement cost in the submarket. Individually metered electric service simplifies a bulk-to-submeter utility conversion, and the uniform 1/1 unit mix supports a repeatable, scalable renovation scope.
Positioned within walking distance of Downtown San Antonio’s employment core and San Antonio College’s enrollment base, the property is well suited to capture rental demand from students, young professionals, and workforce tenants once repositioned. Flexible acquisition financing is available, including Conventional, FHA, VA, and Seller Carry on the 1st.
Vacant 10-unit (10 bed / 10 bath), 1BR/1BA garden multifamily asset totaling 4,320 SF on a 0.103-AC infill parcel in San Antonio’s Alta Vista submarket, near Downtown San Antonio and San Antonio College. Offered at $659,999 ($65,999.90/unit, $152.78/SF). Individually metered electric; city water/sewer; natural gas heat fuel. Full vacant delivery supports unrestricted renovation and repositioning. Seller financing available on the 1st, alongside Conventional, FHA, VA, and Cash.
Multifamily | 10 Units | $66,000/unit
Highlights
- Fully vacant — immediate renovation access with zero tenant buyout or relocation risk
- Ten (10) uniform 1BR/1BA units — 10 beds / 10 baths total — simple, scalable value-add scope
- Infill Alta Vista location minutes from Downtown San Antonio and San Antonio College
- Individually metered electric supports a submetering/utility recapture conversion
- Basis of $65,999.90/unit and $152.78/SF — attractive relative to new-construction replacement cost
- Seller financing available on the 1st, alongside Conventional, FHA, VA, and Cash — flexible capital stack options
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
San Antonio, TXValue-add | $895K | $149K$149K | 3.4% |
San Antonio, TXOwner financingValue-add | $1M | $125K$125K | — |
San Antonio, TXHigh yieldValue-add | $645K | $92K$92K | 9.3% |
| San Antonio, TX Value-add | $425K | $53K$53K | — |
| San Antonio, TX Value-add | $475K | $59K$59K | 6% |
San Antonio, TXValue-add | $1M | $125K$125K | 9%gy |



