Value-Add 7-Unit Multifamily
For Sale
$820,000
553 Club Drive, San Antonio, TX 78201
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 Market142
Property Features for 553 Club Drive
General Information
Standard status
Active
Size
6,804 SF
Property subtype
Multi-Family / Two Story
Additional Details
Multifamily Units
7
Building Details
Year Built
1950
Tenancy
Multi
Listing Agency:
Real Broker, LLC
(210) 569-9008
Listed By:
Sterling Williams
(210) 569-9008
Source:
Compass
Added: Mar 18
Changed: Jul 21
Last Checked: Aug 5 at 12:03PM
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
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 authorities.
Property Analytics
Current Use
Lease Details
7
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
837
Businesses Nearby
Explore this area
Business Placement
Demographics for 78201, TX
42,005
Population
18,661
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
73%
High-School Grad
7.1 sq mi
ZIP Area
5,916
Density / Sq Mi
$46,129
Median Household Income
$30,517
Median Earnings
$1,033
Median Rent
$187,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
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
