11-Unit Two-Story Apartment
For Sale
Contact for pricing
211 San Pedro Avenue, San Antonio, TX 78205
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 Market111
Property Features for 211 San Pedro Avenue
General Information
Standard status
Active
Size
10,608 SF
Class
B
Property subtype
Multifamily
Zoning
D
Net Operating Income
$144,840
Additional Details
Multifamily Units
11
Building Details
Year Built
1947
Buildings
1
Stories
3
Units
11
Listing Agency:
URBAN TEXAN REALTY GROUP
Listed By:
Patrick Vallejo · License #663331
(210) 618-6924
Source:
Crexi
Added: Jul 2
Changed: Oct 7
Last Checked: Oct 19 at 6:26AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$108,359
Cap Rate
5.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,167,180
$2.2M
Cap Rate 7%
$1,547,986
$1.5M
Cap Rate 9%
$1,203,989
$1.2M
Market Conditions
NOI Build-Up for 10,608 SF
Gross rent
$210.0K $19.80/SF
− Vacancy
−$13.0K −$1.23/SF
EGI
$197.0K $18.57/SF
− OpEx
−$88.7K −$8.36/SF
NOI
$108.4K $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%
$2,167,180
Cap Rate 7%
$1,547,986
Cap Rate 9%
$1,203,989
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 authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
11
Residential units
Location Intelligence
Trade Area within ½ mile
4,788
Businesses Nearby
Explore this area
Business Placement
Demographics for 78205, TX
2,339
Population
1,755
Households
1.3
Avg Household Size
43
Median Age
44%
College-Educated
84%
High-School Grad
1.2 sq mi
ZIP Area
1,949
Density / Sq Mi
$34,631
Median Household Income
$43,382
Median Earnings
$1,265
Median Rent
$470,200
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
Frequently Asked Questions
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
