Leased Multifamily
For Sale
$190,000
3434 Gateway, San Antonio, TX 78210
The 1986-built rental asset includes new appliances and established occupancy.
Property Size1,444 SF
Price / SF$131.58
Days on Market58
Property Features for 3434 Gateway
General Information
Standard status
Active
Size
1,444 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Multifamily Units
8
Amenities
new appliances
Building Details
Year Built
1986
Listing Agency:
SADDLE & SAGE REALTY CO LLC
Listed By:
John Solis
(210) 663-5169
Source:
Kingdomtxrealty
Added: Aug 22
Changed: Oct 9
Last Checked: Oct 16 at 12:16PM
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
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.
Located at 3434 Gateway in San Antonio, this multifamily property contains 1,444 square feet and was constructed in 1986. The asset is fully leased, with tenants already in place, providing an existing rental operation rather than a vacant property requiring initial lease-up.
New appliances are included as part of the property’s current improvements. The established occupancy and existing tenant presence make this a currently operating residential income asset for a buyer seeking a leased multifamily property.
New appliances are included as part of the property’s current improvements. The established occupancy and existing tenant presence make this a currently operating residential income asset for a buyer seeking a leased multifamily property.
Key Highlights
- 1,444‑square‑foot multifamily property
- Built in 1986
- Fully leased with tenants in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,750
Cap Rate
7.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,000
$295.0K
Cap Rate 7%
$210,714
$210.7K
Cap Rate 9%
$163,889
$163.9K
Market Conditions
NOI Build-Up for 1,444 SF
Gross rent
$28.6K $19.80/SF
− Vacancy
−$1.8K −$1.23/SF
EGI
$26.8K $18.57/SF
− OpEx
−$12.1K −$8.36/SF
NOI
$14.8K $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%
$295,000
Cap Rate 7%
$210,714
Cap Rate 9%
$163,889
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 authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
8
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
164
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - The 1986-built rental asset includes new appliances and established occupancy.
Where is this multifamily property located?
The property is located at 3434 Gateway 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: 1,444‑square‑foot multifamily property; Built in 1986; Fully leased with tenants in place
