4-Unit Townhome
New
For Sale
$1,118,000
303 San Salvador, San Antonio, TX 78210
Four leased residences feature private fenced outdoor areas and separate electric and water service.
Property Size7,168 SF
Price / SF$155.97
Days on Market2
Property Features for 303 San Salvador
General Information
Standard status
Active
Size
7,168 SF
Property subtype
Multi-Family
Zoning
RM-4
Site & Location
Neighborhood
Denver Heights
Additional Details
Multifamily Units
4
Tenant in Place
Yes
Amenities
open floor plans
quartz countertops
private, fully fenced backyards
Carpeting,Ceramic Tile,Stained Concrete
Electric
1
2
Separate Electric,Separate Water,Other
Heavy Composition
4 Sides Masonry,Stucco
Slab
Covered Patio,Double Pane Windows,Level
Building Details
Building Size
7,168 SF
Year Built
2022
Buildings
2
Listing Agency:
Suburban Spaces, LLC
(210) 262-1808
Listed By:
Chad Nall · License #550904
(210) 263-9323
Source:
Mersaes
Added: Nov 5
Last Checked: Nov 5 at 1:53PM
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 Suburban Spaces, LLC
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Investment Insights
Based on property information with market context.
The property comprises two buildings with four townhome units, totaling 7,168 square feet. Built in 2022, the homes offer open layouts, quartz countertops, covered patios, and private fenced backyards. Construction includes masonry and stucco exteriors, with double-pane windows and separate electric and water service. The units are professionally managed and currently leased.
Located at 303 San Salvador in San Antonio, the property is zoned RM-4 and has no HOA.
Located at 303 San Salvador in San Antonio, the property is zoned RM-4 and has no HOA.
Key Highlights
- Two buildings contain four townhome units totaling 7,168 square feet
- Built in 2022
- RM‑4 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,220
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,464,400
$1.5M
Cap Rate 7%
$1,046,000
$1.0M
Cap Rate 9%
$813,556
$813.6K
Market Conditions
NOI Build-Up for 7,168 SF
Gross rent
$141.9K $19.80/SF
− Vacancy
−$8.8K −$1.23/SF
EGI
$133.1K $18.57/SF
− OpEx
−$59.9K −$8.36/SF
NOI
$73.2K $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%
$1,464,400
Cap Rate 7%
$1,046,000
Cap Rate 9%
$813,556
Alternative Uses
Best Use
Apartment 5plus
$1.05M
$915.3K – $1.22M
NOI $73,220 @ 7.0% cap · market cap 6.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.83M
$1.60M – $2.13M
NOI $127,990 @ 7.0% cap · market cap 11.45%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
319
Businesses Nearby
Explore this area
Business Placement
Demographics for 78210, TX
33,010
Population
14,410
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
76%
High-School Grad
7.3 sq mi
ZIP Area
4,522
Density / Sq Mi
$51,990
Median Household Income
$33,271
Median Earnings
$1,119
Median Rent
$172,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Four leased residences feature private fenced outdoor areas and separate electric and water service.
Where is this multifamily property located?
The property is located at 303 San Salvador San Antonio, TX.
What is the asking price?
The asking price for this property is $1,118,000.
What are key features of this property?
This property features: Two buildings contain four townhome units totaling 7,168 square feet; Built in 2022; RM‑4 zoning
