1 / 1530-Unit Multifamily in San Antonio, TX
Bexar County, TX · listed Jun 8, 2026 (141 days)
▼ Reduced 7.1% on Aug 31, 2026, was $2,100,000
- $/unit
- $65,000
- ▼ 35% vs TX · 18th pct
- Cap rate
- 5.6%
- ▼ 1.7 pts vs TX median
- NOI
- $109K
- $3,628/unit/yr
- Units
- 30
- 1976
Financials
- Asking price
- $1,950,000
- Price per unit
- $65,000
- Price per sq ft
- $134
- Gross rent / year
- Not stated
- Net operating income
- $108,837
- NOI per unit
- $3,628
- Cap rate
- 5.6%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 30
- Unit mix
- fourteen (14) one-bedroom/one-bathroom units and ten (10) two-bedroom/one-bathroom units
- Buildings
- Not stated
- Year built
- 1976
- Building size
- 14,534 sq ft
- Avg unit size
- 484 sq ft
- Lot size
- 0.47 acres
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jun 8, 2026
- Days on market
- 141 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Aug 31, 2026: $2.1M → $1.95M
- Location
- Approximate (~0.5 mi)
- Listing #
- 1053
About this property
(address on request)nue presents the opportunity to acquire a value add 24-unit multifamily asset strategically located in San Antonio's established South Park submarket. Situated on approximately 0.466 acres, the property encompasses 14,534 square feet of rentable living area and features a well-balanced unit mix of fourteen (14) one-bedroom/one-bathroom units and ten (10) two-bedroom/one-bathroom units. The property offers investors immediate In-place cash flow while also presenting a compelling value-add opportunity. New ownership may increase revenues through strategic interior and exterior improvements, operational efficiencies, and continued rent optimization, creating the potential to further enhance returns while maintaining strong occupancy. Located in the heart of the South Park area, 703 Logwood benefits from exceptional accessibility to many of San Antonio's largest employment and economic drivers. The property is less than 15 minutes from Downtown San Antonio, Lackland Air Force Base, major universities, healthcare facilities, and numerous employment centers, providing a diverse and resilient tenant base. The property unit mix is well-positioned to serve workforce housing demand from military personnel, students, healthcare workers, and local professionals seeking affordable housing options in a centrally located submarket. In addition to its near-term value-add potential, the asset offers investors the opportunity to benefit from long-term appreciation driven by San Antonio's continued population growth, expanding employment base, and increasing demand for attainable rental housing. As investment activity and redevelopment continue throughout the city's south and central corridors, 703 Logwood is well-positioned to capitalize on both operational upside and future market appreciation. (address on request)nue represents a rare opportunity to acquire a stabilized, cash-flowing multifamily asset with value-add potential in a supply-constrained infill location. The combination of current income, upside through improved operations, and long-term appreciation prospects, makes this offer attractive to both yield-focused investors and 1031 exchange buyers seeking durable multifamily fundamentals in one of Texas' fastest-growing metropolitan areas.
24 Unit Apartment Complex | 14,534 sqft
Highlights
CASH FLOWING ASSET- CONSISTENTLY OCCUPIED 24-UNIT APARTMENT COMMUNITY.
EXCEPTIONAL ACCESSIBILTY TO MANY OF SAN ANTONIO’S LARGEST EMPLOYMENT AND ECONOMIC DRIVERS.
VALUE ADD OPPORTUNITIES THROUGH STRATEGIC RENOVATIONS.
OFFERS IMMEDIATE CASH FLOW AND LONG-TERM UPSIDE POTENTIAL.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
San Antonio, TXStabilized | $1.2M | $150K$150K | 6.5% |
San Antonio, TX | $2.7M | $135K$135K | — |
San Antonio, TX | $500K | $83K$83K | 9.5%gy |
San Antonio, TXOwner financingHigh yieldValue-add | $900K | $150K$150K | 12%gy |
San Antonio, TXHigh yieldStabilized | $520K | $87K$87K | 15.2%gy |
San Antonio, TX▼ 3% cutValue-add | $700K | $100K$100K | 5.5% |





