Fully Leased San Antonio
3434 Gateway Drive San Antonio, TX 78210
3434 Gateway Drive, San Antonio, TX, 78210
$190,000
For Sale
$190,000
Turnkey investment property with tenants in place and new appliances.
Property Size1,444 SF
Price / SF$131.58
Days on Market232
Property Features for 3434 Gateway Drive
General Information
- Standard status
- Active
- Size
- 1,444 SF
- Property subtype
- Multi-Family / One Story
Building Details
- Year Built
- 1986
Listing agency
SADDLE & SAGE REALTY CO LLC
(210) 663-5169
Listed by
John Solis
(210) 663-5169
Source
Compass
Added: Dec 2, 2025 Updated: Jul 10 at 12:15PM Checked: Jul 21 at 6:16AM
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 SADDLE & SAGE REALTY CO LLC
Investment Insights
Based on property information with market context.
This is an investment opportunity featuring a fully leased multifamily property located in San Antonio. The property, situated at 3434 Gateway Drive, offers a turnkey solution for investors seeking income generation. The multi-family property, which includes between two and eight units, comes with existing tenants and a history of high occupancy. The property has a size of 1444 square feet and includes new appliances. This property offers dependable returns and long-term rental potential.
Key Highlights
- Fully leased multi‑family property providing immediate income.
- Located in a prime San Antonio area.
- Turnkey property, ideal for investors seeking dependable returns.
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 | $28.6k | $19.80 |
| − Vacancy | −$1.8k | −$1.23 |
| EGI | $26.8k | $18.57 |
| − OpEx | −$12.1k | −$8.36 |
| NOI | $14.8k | $10.21 |
1,444 SF · lease $19.80/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$210.7K
$184.4K – $245.8K
NOI $14,750 @ 7.0% cap · market cap 7.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$368.3K
$322.3K – $429.7K
NOI $25,784 @ 7.0% cap · market cap 13.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Multifamily properties
Similar For Sale Nearby
FAQs
What type of property is this?
Multifamily property - Turnkey investment property with tenants in place and new appliances.
Where is this multifamily property located?
The property is located at 3434 Gateway Drive San Antonio, TX.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Fully leased multi‑family property providing immediate income.; Located in a prime San Antonio area.; Turnkey property, ideal for investors seeking dependable returns.
