Multi-Building Multifamily
119 Bank, San Antonio, TX 78204
For Sale
$795,000
Under Contract
Multi-Family (2-8 Units), San Antonio, TX
Property Size5,510 SF
Lot Size0.22 Acres
Price / SF$144.28
Days on Market148
Property Features for 119 Bank
General Information
Property type
Property subtype
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Building Details
Year built
Listing Agency:
Keller Williams Legacy · Keller Williams Realty
Listed By:
Arthur Sable
(210) 482-3200
Added: Jun 19
Changed: Nov 12
Last Checked: Nov 13 at 8:06PM
MLS# 1926651
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5,510-square-foot multifamily rental property is arranged across multiple buildings on a 0.221-acre parcel. Built in 1949, the property is fully occupied.
The asset is in San Antonio’s Lone Star/Southtown corridor, near Downtown. Its location also offers access to employment centers, dining, entertainment, and major transportation corridors.
The asset is in San Antonio’s Lone Star/Southtown corridor, near Downtown. Its location also offers access to employment centers, dining, entertainment, and major transportation corridors.
Key Highlights
- 5,510‑square‑foot multifamily property across multiple buildings
- Fully occupied rental property
- 0.221‑acre parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,284
Cap Rate
7.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,125,680
$1.1M
Cap Rate 7%
$804,057
$804.1K
Cap Rate 9%
$625,378
$625.4K
Market Conditions
NOI Build-Up for 5,510 SF
Gross rent
$109.1K $19.80/SF
− Vacancy
−$6.8K −$1.23/SF
EGI
$102.3K $18.57/SF
− OpEx
−$46.1K −$8.36/SF
NOI
$56.3K $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%
$1,125,680
Cap Rate 7%
$804,057
Cap Rate 9%
$625,378
Alternative Uses
Best Use
Apartment 5plus
$804.1K
$703.6K – $938.1K
NOI $56,284 @ 7.0% cap · market cap 7.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M
NOI $98,386 @ 7.0% cap · market cap 12.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
814
Businesses Nearby
Explore this area
Business Placement
Demographics for 78204, TX
11,298
Population
6,210
Households
1.8
Avg Household Size
39
Median Age
27%
College-Educated
78%
High-School Grad
2.7 sq mi
ZIP Area
4,184
Density / Sq Mi
$54,667
Median Household Income
$35,107
Median Earnings
$1,516
Median Rent
$142,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Multifamily properties in San Antonio, TX
Properties on Market for Multifamily properties in San Antonio
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - The fully occupied rental property consists of multiple buildings in San Antonio.
Where is this multifamily property located?
The property is located at 119 Bank San Antonio, TX.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 5,510‑square‑foot multifamily property across multiple buildings; Fully occupied rental property; 0.221‑acre parcel
