8-Unit Apartment
For Sale
$1,050,000
209 Zilla St, San Antonio, TX 78212
Two-bedroom units provide a consistent multifamily layout near dining, shopping, and entertainment.
Property Size4,928 SF
Price / SF$213.07
Days on Market79
Property Features for 209 Zilla St
General Information
Standard status
Active
Size
4,928 SF
Property subtype
Multi-Family
Units
Unit Mix
8 x 2BR/1BA
Multifamily Units
8
Building Details
Year Built
1985
Listing Agency:
Ivan Mancillas, Broker
Listed By:
Ivan Mancillas
(210) 416-5400
Source:
Kingdomtxrealty
Added: Aug 1
Changed: Oct 16
Last Checked: Oct 16 at 12:21PM
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 Ivan Mancillas, Broker
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Investment Insights
Based on property information with market context.
This apartment property contains 8 units, with each residence configured as a 2-bedroom, 1-bathroom layout. The property totals 4,928 square feet, while units average 616 square feet. Constructed in 1985, the building offers a consistent unit profile across the property.
The apartments are located near the intersection of McCullough Ave. and Basse Rd. Dining, shopping, and entertainment options are described as being just minutes away, adding convenient access to everyday amenities. The uniform bedroom and bathroom configuration provides a straightforward operating profile for multifamily ownership.
The apartments are located near the intersection of McCullough Ave. and Basse Rd. Dining, shopping, and entertainment options are described as being just minutes away, adding convenient access to everyday amenities. The uniform bedroom and bathroom configuration provides a straightforward operating profile for multifamily ownership.
Key Highlights
- 8 units, each with 2 bedrooms and 1 bathroom
- 4,928 square feet total property size
- Units average 616 sq. ft. each
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,339
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,006,780
$1.0M
Cap Rate 7%
$719,129
$719.1K
Cap Rate 9%
$559,322
$559.3K
Market Conditions
NOI Build-Up for 4,928 SF
Gross rent
$97.6K $19.80/SF
− Vacancy
−$6.0K −$1.23/SF
EGI
$91.5K $18.57/SF
− OpEx
−$41.2K −$8.36/SF
NOI
$50.3K $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%
$1,006,780
Cap Rate 7%
$719,129
Cap Rate 9%
$559,322
Alternative Uses
Best Use
Apartment 5plus
$719.1K
$629.2K – $839.0K
NOI $50,339 @ 7.0% cap · market cap 4.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $87,993 @ 7.0% cap · market cap 8.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
794
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
Frequently Asked Questions
What type of property is this?
Apartment building - Two-bedroom units provide a consistent multifamily layout near dining, shopping, and entertainment.
Where is this apartment building located?
The property is located at 209 Zilla St San Antonio, TX.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 8 units, each with 2 bedrooms and 1 bathroom; 4,928 square feet total property size; Units average 616 sq. ft. each
