▼ 6% cutStabilized
$800,000
6-Unit Multifamily in San Antonio, TX
TX · listed Sep 2, 2026 (55 days)
▼ Reduced 5.9% on Sep 28, 2026, was $849,900
Price per unit compared
This property$133K
Within ~40 mi (90)$103K
Texas median (1,196)$92K
- $/unit
- $133,333
- ▲ 45% vs TX · 71st pct
- Cap rate
- 6%
- ▼ 1.4 pts vs TX median
- NOI
- $48K
- $8,000/unit/yr
- Units
- 6
Financials
- Asking price
- $800,000
- Price per unit
- $133,333
- Price per sq ft
- Not stated
- Gross rent / year
- Not stated
- Net operating income
- $48,000
- NOI per unit
- $8,000
- Cap rate
- 6%
- Gross yield
- Not stated
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 6
- Unit mix
- mix of studios, 1-bedroom, 2-bedroom, and 3-bedroom units
- Buildings
- Not stated
- Year built
- Not stated
- Building size
- Not stated
- Avg unit size
- Not stated
- Lot size
- 0.12 acres
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Sep 2, 2026
- Days on market
- 55 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Sep 28, 2026: $850K → $800K
- Location
- Approximate (~0.5 mi)
- Listing #
- 2118
About this property
(address on request) is a highly accessible infill multifamily asset located in Government Hill, just minutes from Downtown San Antonio. The property benefits from proximity to major employers, the Medical Center, Fort Sam Houston, and premier lifestyle amenities including The Pearl, River Walk, and Brackenridge Park. This central location drives consistent renter demand and long-term stability.
Multifamily | 6.00% CAP | 6 Units
Highlights
- Fully renovated boutique asset with minimal deferred maintenance.
- Located near Downtown San Antonio, the Pearl, Fort Sam Houston, and key urban employment centers.
- Ownership completed significant capital improvements totaling $119,500.
- Attractive mix of studios, 1-bedroom, 2-bedroom, and 3-bedroom units.
- Tenant utility reimbursement structure includes RUBS for applicable utilities.
- CENTRAL URBAN INFILL LOCATION - Positioned in Government Hill near Downtown's core.
- PROXIMITY TO MAJOR EMPLOYERS AND MILITARY PRESENCE - Minutes to Fort Sam Houston, the Medical Center, and key employment hubs.
- ACCESS TO DOWNTOWN, PEARL, AND RIVER WALK AMENITIES - Surrounded by top dining, retail, entertainment, and cultural attractions.
- BOUTIQUE MULTIFAMILY FORMAT IN A WALKABLE INFILL SETTING - Ideal product type in a supply-constrained urban market.
- STRONG LONG-TERM DEMAND FUNDAMENTALS - Driven by location, lifestyle, and population growth.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 San Antonio, TXValue-add | $999K | $200K$200K | 6.2%gy |
 San Antonio, TXHigh yield | $370K | $74K$74K | 13%gy |
 San Antonio, TXHigh yieldStabilized | $480K | $96K$96K | 12.6%gy |
 San Antonio, TX▼ 8% cutValue-add | $1.38M | $196K$196K | 5.4%gy |
 San Antonio, TXNewStabilized | $1.48M | $164K$164K | 9%gy |
 San Antonio, TXNewOwner financingValue-add | $999K | $167K$167K | — |