8-Unit Apartment
For Sale
$999,999
400 W Lynwood Ave, San Antonio, TX 78212
Eight one-bedroom apartments on a corner lot with separate electric meters and on-site parking.
Property Size4,640 SF
Lot Size0.21 Acres
Price / SF$215.52
Days on Market60
Property Features for 400 W Lynwood Ave
General Information
Standard status
Active
Size
4,640 SF
Lot size
0.21 Acres
Property subtype
Multi-Family
Zoning
MF-33 NCD-2
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
8 x 1BR/1BA
Multifamily Units
8
Amenities
mature trees
sidewalks
Building Details
Year Built
1934
Listing Agency:
Real Broker, LLC
Listed By:
Michael Vasquez · License #719713
(512) 960-3253
Source:
Thebranchinc
Added: Aug 11
Changed: Oct 3
Last Checked: Oct 7 at 4:48PM
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 Real Broker, LLC
Investment Insights
Based on property information with market context.
This 8-unit apartment property in San Antonio’s Alta Vista neighborhood was built in 1934 and includes eight one-bedroom, one-bathroom residences. Each apartment is approximately 575 square feet. Separate electric meters assign electricity service to individual tenants, while water is delivered through a common meter. The improvements feature a stucco exterior, flat roof, mature trees, sidewalks, and on-site parking.
The property is located at 400 W Lynwood Ave in central San Antonio, with access to major roadways and highways. Surrounding context includes schools, public transportation, retail, dining, grocery options, employment centers, and established residential and commercial amenities. Utility service is provided by CPS Energy for gas and electricity, SAWS for water, and the City of San Antonio for sewer service.
The property is located at 400 W Lynwood Ave in central San Antonio, with access to major roadways and highways. Surrounding context includes schools, public transportation, retail, dining, grocery options, employment centers, and established residential and commercial amenities. Utility service is provided by CPS Energy for gas and electricity, SAWS for water, and the City of San Antonio for sewer service.
Key Highlights
- 8‑unit multifamily property built in 1934
- Eight 1‑bedroom, 1‑bathroom units, each approximately 575 square feet
- 0.2118‑acre corner lot at 400 W Lynwood Ave
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,397
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$947,940
$947.9K
Cap Rate 7%
$677,100
$677.1K
Cap Rate 9%
$526,633
$526.6K
Market Conditions
NOI Build-Up for 4,640 SF
Gross rent
$91.9K $19.80/SF
− Vacancy
−$5.7K −$1.23/SF
EGI
$86.2K $18.57/SF
− OpEx
−$38.8K −$8.36/SF
NOI
$47.4K $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%
$947,940
Cap Rate 7%
$677,100
Cap Rate 9%
$526,633
Alternative Uses
Best Use
Apartment 5plus
$677.1K
$592.5K – $790.0K
NOI $47,397 @ 7.0% cap · market cap 4.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.04M – $1.38M
NOI $82,851 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
8
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,096
Businesses Nearby
Explore this area
Business Placement
Demographics for 78212, TX
26,738
Population
13,399
Households
2
Avg Household Size
39
Median Age
39%
College-Educated
85%
High-School Grad
6.9 sq mi
ZIP Area
3,875
Density / Sq Mi
$60,222
Median Household Income
$40,037
Median Earnings
$1,084
Median Rent
$299,400
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight one-bedroom apartments on a corner lot with separate electric meters and on-site parking.
Where is this apartment building located?
The property is located at 400 W Lynwood Ave San Antonio, TX.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: 8‑unit multifamily property built in 1934; Eight 1‑bedroom, 1‑bathroom units, each approximately 575 square feet; 0.2118‑acre corner lot at 400 W Lynwood Ave
