Multifamily
For Sale
$390,000
2007 Anchor Dr., San Antonio, TX 78213
Existing income-producing asset offered in its current condition.
Property Size3,078 SF
Price / SF$126.71
Days on Market80
Property Features for 2007 Anchor Dr.
General Information
Standard status
Active
Size
3,078 SF
Property subtype
Multi-Family
Building Details
Year Built
1975
Listing Agency:
Rey Garza Real Estate
Listed By:
Rey Garza
(210) 558-4747
Source:
Sarahildebrandaguilera
Added: Jul 28
Changed: Oct 12
Last Checked: Oct 15 at 1:59AM
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 Rey Garza Real Estate
Investment Insights
Based on property information with market context.
This multifamily property was built in 1975 and is offered for sale in its current as-is condition. The seller will not complete repairs. The property is located at 2007 Anchor Dr. in San Antonio, Texas.
Key Highlights
- Multifamily property built in 1975
- Offered strictly in as‑is condition
- Seller will not make repairs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,441
Cap Rate
8.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$628,820
$628.8K
Cap Rate 7%
$449,157
$449.2K
Cap Rate 9%
$349,344
$349.3K
Market Conditions
NOI Build-Up for 3,078 SF
Gross rent
$60.9K $19.80/SF
− Vacancy
−$3.8K −$1.23/SF
EGI
$57.2K $18.57/SF
− OpEx
−$25.7K −$8.36/SF
NOI
$31.4K $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%
$628,820
Cap Rate 7%
$449,157
Cap Rate 9%
$349,344
Alternative Uses
Best Use
Apartment 5plus
$449.2K
$393.0K – $524.0K
NOI $31,441 @ 7.0% cap · market cap 8.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$785.1K
$687.0K – $916.0K
NOI $54,960 @ 7.0% cap · market cap 14.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,212
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Existing income-producing asset offered in its current condition.
Where is this multifamily property located?
The property is located at 2007 Anchor Dr. San Antonio, TX.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Multifamily property built in 1975; Offered strictly in as‑is condition; Seller will not make repairs
