MULTIFAMILYRADAR
30-Unit Multifamily in San Antonio, TX, photo 11 / 15
▼ 7% cutValue-add
$1,950,000

30-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

Price per unit compared
This property$65K
Within ~40 mi (78)$108K
Texas median (1,029)$100K
$/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

PropertyPrice$/unitCap
8-Unit Multifamily in San Antonio, TXSan Antonio, TX
Stabilized
$1.2M$150K6.5%
20-Unit Multifamily in San Antonio, TXSan Antonio, TX$2.7M$135K—
6-Unit Multifamily in San Antonio, TXSan Antonio, TX$500K$83K9.5%gy
6-Unit Multifamily in San Antonio, TXSan Antonio, TX
Owner financingHigh yieldValue-add
$900K$150K12%gy
6-Unit Multifamily in San Antonio, TXSan Antonio, TX
High yieldStabilized
$520K$87K15.2%gy
7-Unit Multifamily in San Antonio, TXSan Antonio, TX
▼ 3% cutValue-add
$700K$100K5.5%