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Four-Unit Multifamily Complex

710 E Southcross Blvd, San Antonio, TX 78214

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For Sale

$289,000

Four-unit complex with similar floor plans and updated units.

Type:Multi Family

Property size:

1,920 SF

Lot size:

0.23 Acres

Price / SF:

$150/SF

HighLights

Four‑unit complex presents an investment opportunity.
All units feature a consistent floor plan with 1 bed, 1 bath, kitchen, and living room.
Washer and dryer connections in every unit.
Two units have been updated with flooring, paint, and cabinets.
Price reduction to facilitate sale.
Eating area in each unit.

We can help!

Contact an agent

Jaime Marin

For Sale

$289,000

Four-unit complex with similar floor plans and updated units.

Type:Multi Family

Property size:

1,920 SF

Lot size:

0.23 Acres

Price / SF:

$150/SF

Added:: Mar 9, 2024
Days on Market:: 852
Last Refresh:: Apr 6 at 2:40 am

Property Features for 710 E Southcross Blvd

General Information

Standard status: Active
Size: 1,920 SF
Lot size: 0.23 Acres
Property subtype: Multi Family

Building Details

Year Built: 1954

We can help!

Contact an agent

Jaime Marin

Listing office Keller Williams Heritage Marin Realty & Property M

Listing date Mar 9, 2024

Source Exitrealty

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 Keller Williams Heritage Marin Realty & Property M

HighLights

Four‑unit complex presents an investment opportunity.
All units feature a consistent floor plan with 1 bed, 1 bath, kitchen, and living room.
Washer and dryer connections in every unit.
Two units have been updated with flooring, paint, and cabinets.
Price reduction to facilitate sale.
Eating area in each unit.

Overview

This is a four-unit complex where all units feature a similar floor plan and finish. Each unit includes one bedroom, one bathroom, a kitchen, an eating area, a living room, and washer and dryer connections. The property size is 1920 square feet. Two of the units have been updated with new flooring, paint, and cabinets.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$33.4k	$17.40
− Vacancy	−$1.8k	−$0.96
EGI	$31.6k	$16.44
− OpEx	−$9.5k	−$4.93
NOI	$22.1k	$11.51

1,920 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$315.7K

$276.2K – $368.3K (±1% cap)

NOI $22,099 @ 7.0% cap · market cap 7.65%

Second Best

Apartment 5plus

$280.2K

$245.2K – $326.9K (±1% cap)

NOI $19,612 @ 7.0% cap · market cap 6.79%

Theoretical Best

Office A

$489.8K

$428.5K – $571.4K (±1% cap)

NOI $34,283 @ 7.0% cap · market cap 11.86%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Transportes Chayo/Autobuses Del ... Logistics Company My Bus Line Logistics Company

Suggested Use

Location Insight

Map
Local Demand

City: San Antonio
County: Comal
State: Texas
Longitude: -98.488859
Latitude: 29.3684469

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For sale
Quadplexes
TX
San Antonio
78214
710 E Southcross Blvd

What type of property is this?

Quadplex - Four-unit complex with similar floor plans and updated units.

Where is this quadplex located?

The property is located at 710 E Southcross Blvd San Antonio, TX.

What is the asking price?

The asking price for this property is $289,000.

What are key features of this property?

This property features: Four‑unit complex presents an investment opportunity.; All units feature a consistent floor plan with 1 bed, 1 bath, kitchen, and living room.; Washer and dryer connections in every unit.