11-Unit Two-Story Apartment
211 San Pedro Avenue San Antonio, TX 78205
211 San Pedro Avenue, San Antonio, TX, 78205
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For Sale
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Two-story apartment building with 11 units built in 1947, offering a multifamily ownership opportunity.
Property Size10,608 SF
Price / SF$179.11
Days on Market21
Property Features for 211 San Pedro Avenue
General Information
- Standard status
- Active
- Size
- 10,608 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1947
Listing agency
URBAN TEXAN REALTY GROUP
(210) 618-6924
Listed by
Patrick Vallejo · License #663331
Source
Crexi
Added: Jul 2 Updated: Jul 21 at 11:18PM Checked: Jul 21 at 11:18PM
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 URBAN TEXAN REALTY GROUP
Investment Insights
Based on property information with market context.
For sale: an 11-unit, two-story apartment building at 211 San Pedro Avenue, San Antonio, TX 78205. The property was built in 1947 and is positioned as a residential income asset for buyers seeking multifamily ownership.
Public remarks note the building is located just minutes from The Pearl, the River Walk, Downtown, and San Antonio College, which may appeal to tenants looking for convenient access to central San Antonio destinations.
As an apartment building with multiple units, this asset provides the foundation for an income-producing residential investment strategy.
Public remarks note the building is located just minutes from The Pearl, the River Walk, Downtown, and San Antonio College, which may appeal to tenants looking for convenient access to central San Antonio destinations.
As an apartment building with multiple units, this asset provides the foundation for an income-producing residential investment strategy.
Key Highlights
- 11‑unit, two‑story apartment building built in 1947
- Multifamily ownership opportunity at 2 11 San Pedro Ave
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $210.0k | $19.80 |
| − Vacancy | −$13.0k | −$1.23 |
| EGI | $197.0k | $18.57 |
| − OpEx | −$88.7k | −$8.36 |
| NOI | $108.4k | $10.21 |
10,608 SF · lease $19.80/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.55M
$1.35M – $1.81M
NOI $108,359 @ 7.0% cap · market cap 5.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.71M
$2.37M – $3.16M
NOI $189,414 @ 7.0% cap · market cap 9.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
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FAQs
What type of property is this?
Apartment building - Two-story apartment building with 11 units built in 1947, offering a multifamily ownership opportunity.
Where is this apartment building located?
The property is located at 211 San Pedro Avenue San Antonio, TX.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 11‑unit, two‑story apartment building built in 1947; Multifamily ownership opportunity at 2 11 San Pedro Ave
