Value-Add 7-Unit Multifamily
553 Club Drive San Antonio, TX 78201
553 Club Drive, San Antonio, TX, 78201
$820,000
For Sale
$820,000
Seven-unit multifamily property with six two-bedroom units plus one efficiency unit at a maintained, income-focused configuration.
Property Size6,804 SF
Price / SF$120.52
Days on Market127
Property Features for 553 Club Drive
General Information
- Standard status
- Active
- Size
- 6,804 SF
- Property subtype
- Multi-Family / Two Story
Building Details
- Year Built
- 1950
Listing agency
Real Broker, LLC
(210) 569-9008
Listed by
Sterling Williams
(210) 569-9008
Source
Compass
Added: Mar 18 Updated: Jul 21 at 2:25AM Checked: Jul 21 at 6:27AM
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 Real Broker, LLC
Investment Insights
Based on property information with market context.
553 Club Drive is a 7-unit multifamily property featuring six 2-bedroom, 1-bath units and one efficiency unit. The asset is described as well maintained, and interior photos for Units 3 and 4 are included to show the layout and overall condition.
The property is located in Monticello Park and sits directly across from Jefferson High School. It is also described as being just minutes from major thoroughfares, dining, and shopping.
As presented, the current unit mix offers a mix of apartment-style layouts alongside an efficiency unit, supporting straightforward leasing and tenant fit across the property’s overall configuration.
The property is located in Monticello Park and sits directly across from Jefferson High School. It is also described as being just minutes from major thoroughfares, dining, and shopping.
As presented, the current unit mix offers a mix of apartment-style layouts alongside an efficiency unit, supporting straightforward leasing and tenant fit across the property’s overall configuration.
Key Highlights
- 7‑unit multifamily property in Monticello Park
- Unit mix: six 2‑bedroom, 1‑bath units plus one efficiency unit
- Year built: 1950
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 | $134.7k | $19.80 |
| − Vacancy | −$8.4k | −$1.23 |
| EGI | $126.4k | $18.57 |
| − OpEx | −$56.9k | −$8.36 |
| NOI | $69.5k | $10.21 |
6,804 SF · lease $19.80/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$992.9K
$868.8K – $1.16M
NOI $69,502 @ 7.0% cap · market cap 8.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.74M
$1.52M – $2.02M
NOI $121,491 @ 7.0% cap · market cap 14.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Seven-unit multifamily property with six two-bedroom units plus one efficiency unit at a maintained, income-focused configuration.
Where is this apartment building located?
The property is located at 553 Club Drive San Antonio, TX.
What is the asking price?
The asking price for this property is $820,000.
What are key features of this property?
This property features: 7‑unit multifamily property in Monticello Park; Unit mix: six 2‑bedroom, 1‑bath units plus one efficiency unit; Year built: 1950
