Turnkey Multifamily Residence with
233 Esmeralda Dr. San Antonio, TX 78228
233 Esmeralda Dr., San Antonio, TX, 78228
$939,000
For Sale
$939,000
Turnkey furnished 9-suite multifamily property with private baths, a dedicated office, and an interior courtyard.
Property Size4,140 SF
Price / SF$226.81
Days on Market13
Property Features for 233 Esmeralda Dr.
General Information
- Standard status
- Active
- Size
- 4,140 SF
- Property subtype
- Multi-Use
Building Details
- Year Built
- 2019
Listing agency
Radiant Realty
(210) 630-3034
Listed by
Sharlette Scott
(210) 630-3034
Source
Pioneerrealtypartners
Added: Jul 9 Updated: Jul 20 at 9:21PM Checked: Jul 21 at 3:12AM
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 Radiant Realty
Investment Insights
Based on property information with market context.
This turnkey furnished multifamily residence includes nine private suites with full bathrooms and tiled walk-in showers, plus spacious closets and trey ceilings in multiple rooms. The building centers on an interior courtyard visible from four surrounding corridors, with common areas featuring high ceilings, LED recessed lighting, and ceramic tile flooring. A fully equipped kitchen includes stainless steel appliances, two refrigerators, a large island, and abundant cabinetry. A dedicated office space supports on-site administration, and the laundry room with a washer and dryer conveys.
Located at 233 Esmeralda Dr. in San Antonio, the property is described as approximately one light from St. Mary’s University and minutes from Our Lady of the Lake University, with convenient access to dining, shopping, parks, and public transit.
Constructed about 5.5 years ago, the exterior includes a wide half-moon driveway with extended pad parking, a dual 5-ton HVAC setup, a security system, and a spacious backyard with a covered patio. The property is also available for lease.
Located at 233 Esmeralda Dr. in San Antonio, the property is described as approximately one light from St. Mary’s University and minutes from Our Lady of the Lake University, with convenient access to dining, shopping, parks, and public transit.
Constructed about 5.5 years ago, the exterior includes a wide half-moon driveway with extended pad parking, a dual 5-ton HVAC setup, a security system, and a spacious backyard with a covered patio. The property is also available for lease.
Key Highlights
- 2019‑built, furnished 9‑suite multifamily property with 9 private suites plus 9.5 baths
- Each suite includes a full private bath with tiled walk‑in shower and spacious closets
- Interior courtyard at the center of the building with access from four surrounding corridors for natural light
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 | $82.0k | $19.80 |
| − Vacancy | −$5.1k | −$1.23 |
| EGI | $76.9k | $18.57 |
| − OpEx | −$34.6k | −$8.36 |
| NOI | $42.3k | $10.21 |
4,140 SF · lease $19.80/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$604.1K
$528.6K – $704.8K
NOI $42,289 @ 7.0% cap · market cap 4.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.06M
$924.0K – $1.23M
NOI $73,923 @ 7.0% cap · market cap 7.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
FerronHouse near St. ...
Property Management Company
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FAQs
What type of property is this?
Apartment building - Turnkey furnished 9-suite multifamily property with private baths, a dedicated office, and an interior courtyard.
Where is this apartment building located?
The property is located at 233 Esmeralda Dr. San Antonio, TX.
What is the asking price?
The asking price for this property is $939,000.
What are key features of this property?
This property features: 2019‑built, furnished 9‑suite multifamily property with 9 private suites plus 9.5 baths; Each suite includes a full private bath with tiled walk‑in shower and spacious closets; Interior courtyard at the center of the building with access from four surrounding corridors for natural light
