Mixed-Use Income
For Sale
Contact for pricing
1006 West Ave, San Antonio, TX 78201
4,096 sf property with three residential units and two commercial units, built in 1965 and renovated in 1995.
Property Size4,096 SF
Price / SF$143.80
Days on Market512
Property Features for 1006 West Ave
General Information
Standard status
Active
Size
4,096 SF
Property subtype
RETAIL
Occupancy
100%
Building Details
Year Built
1965
Year Renovated
1995
Buildings
1
Tenancy
Multi
Listing Agency:
Lockwood Realty Group, LLC
(210) 279-9320
Listed By:
Luke Owens-Bragg · License #TX 670935
Source:
Moodyscre
Added: Mar 5, 2025
Changed: Jul 29
Last Checked: Jul 29 at 3:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lockwood Realty Group, LLC
Investment Insights
Based on property information with market context.
This mixed-use income building totals 4,096 square feet and is fully occupied, offering three residential units and two commercial units. The property was built in 1965 and underwent meticulous renovation in 1995, resulting in an operating asset designed to generate income from multiple unit types.
The offering is located at 1006 West Ave in San Antonio, Texas. The current configuration supports 100% occupancy and an established tenant mix tied to both residential and commercial space.
For investors or buyers seeking an income-producing property with in-place cash flow, this building provides a straightforward unit mix and a clear basis for evaluating opportunities for future improvements based on its renovated history.
The offering is located at 1006 West Ave in San Antonio, Texas. The current configuration supports 100% occupancy and an established tenant mix tied to both residential and commercial space.
For investors or buyers seeking an income-producing property with in-place cash flow, this building provides a straightforward unit mix and a clear basis for evaluating opportunities for future improvements based on its renovated history.
Key Highlights
- 4,096 SF building with 3 residential units and 2 commercial units
- Built in 1965 and renovated in 1995
- 100% occupancy with established tenant mix
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $71.3k | $17.40 |
| − Vacancy | −$3.9k | −$0.96 |
| EGI | $67.4k | $16.44 |
| − OpEx | −$20.2k | −$4.93 |
| NOI | $47.1k | $11.51 |
4,096 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$783.3K
$685.4K – $913.8K
NOI $54,830 @ 7.0% cap · market cap 9.31%
Second Best
Multifamily LT 5
$673.5K
$589.3K – $785.8K
NOI $47,145 @ 7.0% cap · market cap 8.00%
Theoretical Best
Office A
$1.04M
$914.2K – $1.22M
NOI $73,137 @ 7.0% cap · market cap 12.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
800
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
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Frequently Asked Questions
What type of property is this?
Triplex - 4,096 sf property with three residential units and two commercial units, built in 1965 and renovated in 1995.
Where is this triplex located?
The property is located at 1006 West Ave San Antonio, TX.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: 4,096 SF building with 3 residential units and 2 commercial units; Built in 1965 and renovated in 1995; 100% occupancy with established tenant mix
