Two-Story Multifamily
For Sale
$885,000
11106 BEL AIR DR, San Antonio, TX 78213
The property has electric service and window or wall-mounted air-conditioning units.
Property Size4,620 SF
Price / SF$191.56
Days on Market15
Property Features for 11106 BEL AIR DR
General Information
Standard status
Active
Size
4,620 SF
Property subtype
Residential Income
Net Operating Income
$53,484
Site & Location
Neighborhood
Robards
Taxes and HOA fees
Annual Taxes
$16,103
Amenities
Window Unit(s), Wall/Window Unit(s)
Electric
Two Story
Building Details
Building Size
4,620 SF
Year Built
2007
Stories
2
Listing Agency:
Kingsland Properties
Listed By:
Henry Pena
(210) 393-8920
Source:
Evrealestate
Added: Oct 14
Changed: Oct 25
Last Checked: Oct 28 at 8:18AM
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 Kingsland Properties
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Investment Insights
Based on property information with market context.
This two-story multifamily property was built in 2007 and contains 4,620 square feet. Interior features include electric service and window or wall-mounted air-conditioning units.
The property is on Bel Air Drive in San Antonio, Bexar County, near Lockhill-Selma and Belair Drive.
The property is on Bel Air Drive in San Antonio, Bexar County, near Lockhill-Selma and Belair Drive.
Key Highlights
- 4,620‑square‑foot multifamily property
- Two‑story building
- Built in 2007
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,192
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$943,840
$943.8K
Cap Rate 7%
$674,171
$674.2K
Cap Rate 9%
$524,356
$524.4K
Market Conditions
NOI Build-Up for 4,620 SF
Gross rent
$91.5K $19.80/SF
− Vacancy
−$5.7K −$1.23/SF
EGI
$85.8K $18.57/SF
− OpEx
−$38.6K −$8.36/SF
NOI
$47.2K $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 Rate 5%
$943,840
Cap Rate 7%
$674,171
Cap Rate 9%
$524,356
Alternative Uses
Best Use
Apartment 5plus
$674.2K
$589.9K – $786.5K
NOI $47,192 @ 7.0% cap · market cap 5.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.03M – $1.37M
NOI $82,494 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,098
Businesses Nearby
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Business Placement
Demographics for 78213, TX
40,589
Population
18,184
Households
2.2
Avg Household Size
36
Median Age
23%
College-Educated
81%
High-School Grad
8.0 sq mi
ZIP Area
5,074
Density / Sq Mi
$53,342
Median Household Income
$34,799
Median Earnings
$1,161
Median Rent
$199,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - The property has electric service and window or wall-mounted air-conditioning units.
Where is this multifamily property located?
The property is located at 11106 BEL AIR DR San Antonio, TX.
What is the asking price?
The asking price for this property is $885,000.
What are key features of this property?
This property features: 4,620‑square‑foot multifamily property; Two‑story building; Built in 2007
