Renovated Furnished Short-Term
For Sale
$540,000
112 Hill St, San Antonio, TX 78212
Six-bedroom residence with dual kitchens, updated interiors, and furniture included for continued flexible rental use.
Property Size2,660 SF
Price / SF$203.01
Days on Market19
Property Features for 112 Hill St
General Information
Standard status
Active
Size
2,660 SF
Property subtype
Multi-Family
Additional Details
Furnished
Yes
Multifamily Units
1
Building Details
Year Built
1905
Listing Agency:
Uriah Real Estate Organization
(210) 315-8885
Listed By:
Uri Uriah · License #9002555
Source:
Thebranchinc
Added: Aug 10
Changed: Aug 28
Last Checked: Aug 25 at 5:38AM
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 Uriah Real Estate Organization
Investment Insights
Based on property information with market context.
Built in 1905, this approximately 2,660-square-foot residence has been renovated with six bedrooms, four and one-half bathrooms, and two full kitchens. The interior includes granite countertops, stainless steel appliances, open-concept living areas, and updated finishes. Furniture is included, allowing the property to remain equipped for residential rental operations.
The residence is at 112 Hill St in San Antonio’s Five Points neighborhood, less than two miles from Downtown San Antonio and The Pearl. Midtown, the South Texas Medical Center, major universities, and employment centers are also identified as accessible from the property. Its prior use as a short-term rental supports continued consideration for short-term, corporate, or mid-term housing operations.
The residence is at 112 Hill St in San Antonio’s Five Points neighborhood, less than two miles from Downtown San Antonio and The Pearl. Midtown, the South Texas Medical Center, major universities, and employment centers are also identified as accessible from the property. Its prior use as a short-term rental supports continued consideration for short-term, corporate, or mid-term housing operations.
Key Highlights
- Approximately 2,660‑square‑foot renovated residence
- Six bedrooms and four and one‑half bathrooms
- Two full kitchens with granite countertops and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,171
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$543,420
$543.4K
Cap Rate 7%
$388,157
$388.2K
Cap Rate 9%
$301,900
$301.9K
Market Conditions
NOI Build-Up for 2,660 SF
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.
Gross rent
$52.7K $19.80/SF
− Vacancy
−$3.3K −$1.23/SF
EGI
$49.4K $18.57/SF
− OpEx
−$22.2K −$8.36/SF
NOI
$27.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$543,420
Cap Rate 7%
$388,157
Cap Rate 9%
$301,900
Alternative Uses
Best Use
Apartment 5plus
$388.2K
$339.6K – $452.9K
NOI $27,171 @ 7.0% cap · market cap 5.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$678.5K
$593.7K – $791.6K
NOI $47,496 @ 7.0% cap · market cap 8.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
4,344
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Six-bedroom residence with dual kitchens, updated interiors, and furniture included for continued flexible rental use.
Where is this short term rental property located?
The property is located at 112 Hill St San Antonio, TX.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Approximately 2,660‑square‑foot renovated residence; Six bedrooms and four and one‑half bathrooms; Two full kitchens with granite countertops and stainless steel appliances
