7-Unit Multifamily
For Sale
$760,000
553 Club, San Antonio, TX 78201
Multi-Family (2-8 Units), San Antonio, TX
Property Size6,804 SF
Lot Size0.31 Acres
Price / SF$111.70
Days on Market132
Property Features for 553 Club
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MF-33
Elementary school
Call District
Middle school
Call District
High school
Call District
Elementary school district
San Antonio I.S.D.
Middle school district
San Antonio I.S.D.
High school district
San Antonio I.S.D.
Subdivision
0800
Standard status
Active
Size
6,804 SF
Lot size
0.31 Acres
Taxes and HOA fees
Tax Annual Amount
13422
Building Details
Year built
1950
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Sterling Williams
(214) 202-7615
Added: Apr 15
Changed: Aug 20
Last Checked: Aug 24 at 6:06AM
MLS# 1950279
Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 7-unit apartment property includes six 2-bedroom, 1-bath apartments and one efficiency unit within 6,804 square feet. Built in 1950, the building is located on a 0.313-acre site and carries MF-33 zoning. Interior photographs of Units 3 and 4 provide a representative look at the layouts and condition.
The property is positioned across from Jefferson High School in San Antonio’s Monticello Park neighborhood. Its location places residents minutes from major thoroughfares, dining, and shopping, while the established surrounding area supports access to everyday amenities. Current rents and the existing unit mix are documented property characteristics for multifamily ownership and operations.
The property is positioned across from Jefferson High School in San Antonio’s Monticello Park neighborhood. Its location places residents minutes from major thoroughfares, dining, and shopping, while the established surrounding area supports access to everyday amenities. Current rents and the existing unit mix are documented property characteristics for multifamily ownership and operations.
Key Highlights
- 7‑unit apartment property with six 2‑bedroom, 1‑bath units and one efficiency unit
- 6,804‑square‑foot multifamily building on a 0.313‑acre site
- MF‑33 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$69,502
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.15%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,390,040
$1.4M
Cap Rate 7%
$992,886
$992.9K
Cap Rate 9%
$772,244
$772.2K
Market Conditions
NOI Build-Up for 6,804 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$134.7K $19.80/SF
− Vacancy
−$8.4K −$1.23/SF
EGI
$126.4K $18.57/SF
− OpEx
−$56.9K −$8.36/SF
NOI
$69.5K $10.21/SF
Area
San Antonio, TX
Vacancy
6.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,390,040
Cap Rate 7%
$992,886
Cap Rate 9%
$772,244
Alternative Uses
Best Use
Apartment 5plus
$992.9K
$868.8K – $1.16M
NOI $69,502 @ 7.0% cap · market cap 9.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.74M
$1.52M – $2.02M
NOI $121,491 @ 7.0% cap · market cap 15.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
461
Businesses Nearby
Explore this area
Business Placement
Demographics for 78201, TX
42,005
Population
18,661
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
73%
High-School Grad
7.1 sq mi
ZIP Area
5,916
Density / Sq Mi
$46,129
Median Household Income
$30,517
Median Earnings
$1,033
Median Rent
$187,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained apartment building with a six-unit two-bedroom mix and one efficiency apartment.
Where is this apartment building located?
The property is located at 553 Club San Antonio, TX.
What is the asking price?
The asking price for this property is $760,000.
What are key features of this property?
This property features: 7‑unit apartment property with six 2‑bedroom, 1‑bath units and one efficiency unit; 6,804‑square‑foot multifamily building on a 0.313‑acre site; MF‑33 zoning
