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Assisted Living Facility with Deck

4154 Swans Lndg San Antonio, TX 78217

4154 Swans Lndg, San Antonio, TX, 78217
$900,000
For Sale
$900,000

Former office building converted to licensed assisted living with 16-person capacity and wheelchair-accessible showers.

Property Size6,010 SF
Price / SF$149.75
Days on Market189

Property Features for 4154 Swans Lndg

General Information

Standard status
Active
Size
6,010 SF
Listing agency Eric J. Duxstad, Broker
Listed by Eric Duxstad · License ##402911
Source Exprealty
Added: Jan 13 Updated: Jul 10 at 1:48PM Checked: Jul 19 at 7:51AM

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 Eric J. Duxstad, Broker


Investment Insights

Based on property information with market context.

The property is a former office building that was converted to an assisted living facility in 2018, with a front addition completed the same year. Through 8/2025 it was licensed as a Type B facility for up to 16 people. The building is equipped with a fire sprinkler system, fire alarm system, security system, electronic exterior door locks, and security cameras.

Interior accommodations include 12 bedrooms, two restrooms, and two full bathrooms featuring wheelchair showers. In addition to private rooms, the facility offers a hairdressing room, a kitchen, a large community and dining area, and several smaller community areas throughout.

A large wood deck is attached to the back of the facility. While operated as assisted living, the current layout is also stated to be suitable for office use, providing flexibility for buyers looking to repurpose the space. The property sits just east of the new Perrin House City Park and is located in the San Antonio TIF #33 Northeast Corridor.

Key Highlights

  • Converted former office building, converted to an assisted living facility in 2018
  • Licensed Type B facility with capacity for 16 people (licensed up to 8/2025)
  • 12 bedrooms with 2 full bathrooms featuring wheelchair showers plus 2 restrooms

Local Financial Insights For Office B

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 $132.7k $22.08
− Vacancy −$23.5k −$3.91
EGI $109.2k $18.17
− OpEx −$27.3k −$4.54
NOI $81.9k $13.63
6,010 SF · lease $22.08/SF/yr · vacancy 17.70% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.17M
$1.02M – $1.37M (±1% cap)
NOI $81,910 @ 7.0% cap · market cap 9.10%
Second Best
Apartment 5plus
$877.0K
$767.4K – $1.02M (±1% cap)
NOI $61,391 @ 7.0% cap · market cap 6.82%
Theoretical Best
Office A
$1.53M
$1.34M – $1.79M (±1% cap)
NOI $107,313 @ 7.0% cap · market cap 11.92%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Swans Landing Assisted ... Nursing Home

Suggested Use

Law Firm Dental Office Pharmacy Parking Lot & Garage Cafe & Coffee Shop Furniture & Home Goods Bakery Real Estate Agency Skin Care Clinic Restaurant

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Swans Landing Assisted Living — 4154 Swans Landing, San Antonio, TX 78217
  • Afton Calle Assisted Living LLC — 8800 Village Dr #209, San Antonio, TX 78217

FAQs

What type of property is this?
Assisted living facility - Former office building converted to licensed assisted living with 16-person capacity and wheelchair-accessible showers.
Where is this assisted living facility located?
The property is located at 4154 Swans Lndg San Antonio, TX.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Converted former office building, converted to an assisted living facility in 2018; Licensed Type B facility with capacity for 16 people (licensed up to 8/2025); 12 bedrooms with 2 full bathrooms featuring wheelchair showers plus 2 restrooms
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