1 / 28High yieldStabilized
$850,000
8-Unit Multifamily in San Antonio, TX
TX · listed Mar 17, 2026 (225 days)
Price per unit compared
This property$106K
Within ~40 mi (72)$107K
Texas median (1,029)$100K
- $/unit
- $106,250
- ▲ 6% vs TX · 53rd pct
- Cap rate
- —
- NOI
- $36K
- $4,463/unit/yr
- Units
- 8
- 1973
Financials
- Asking price
- $850,000
- Price per unit
- $106,250
- Price per sq ft
- $147
- Gross rent / year
- $125,000
- Net operating income
- $35,700
- NOI per unit
- $4,463
- Cap rate
- Not stated
- Gross yield
- 14.7%gross rent ÷ price
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 8
- Unit mix
- All units are two bedroom floor plans
- Buildings
- Not stated
- Year built
- 1973
- Building size
- 5,800 sq ft
- Avg unit size
- 725 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Mar 17, 2026
- Days on market
- 225 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 2189
About this property
Fully renovated 8 unit apartment building in the heart of San Antonio's Lackland AFB corridor one of the city's most best workforce housing submarkets. All units are two bedroom floor plans currently renting between $1,100-$1,300 per month with 7 of 8 units leased. Cash flowing from day one. The 2024 renovation was comprehensive: Replaced: roof, HVAC, new windows, LVP flooring, bathrooms, kitchens and appliances, granite-style countertops and cabinetry, drywall, fresh paint inside and out, doors, hardware, plumbing, and lighting throughout. Zero deferred maintenance.
Multi-family
Location
Approximate area. The exact address is shared on request.
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