Gated Community Fourplex Investment
6414 Luglio Lane, San Antonio, TX 78233
Well-maintained fourplex in gated community, fully managed, near Randolph AFB.
Type:Multi-Family / Two Story
Property size:
5,448 SFPrice / SF:
$145/SF- Added:
- Nov 11, 2025
- Days on Market:
- 203
- Last Refresh:
- Mar 13 at 6:59 pm
Property Features for 6414 Luglio Lane
General Information
- Standard status
- Active
- Size
- 5,448 SF
- Property subtype
- Multi-Family / Two Story
Building Details
- Year Built
- 2021
Listing agent Kevin Clark (210) 655-5355
Listing office Clark Realty & Associates,LLC (210) 655-5355
Listing date Nov 11, 2025
Source Compass
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 Clark Realty & Associates,LLC
HighLights
- Fully managed fourplex in a gated community - a truly hands‑off investment.
- Each unit boasts 3 bedrooms, 2.5 bathrooms, and a 1‑car garage.
- Enjoy private, fenced backyards for each unit.
- Interiors feature granite countertops and all‑black kitchen appliances.
- Convenient location near The Forum, RBFCU, IKEA, and Randolph Air Force Base.
- Built in 2021.
Overview
This well-maintained fourplex is situated within a gated community and benefits from professional property management. Each unit features 3 bedrooms and 2.5 bathrooms, along with a 1-car garage. Interior details include tray ceilings with crown molding in the living room, granite countertops, and black kitchen appliances. Each unit includes a private, fenced backyard. The first floor is finished with ceramic tile flooring, while the upstairs bedrooms are carpeted. The property is located minutes from The Forum at Olympia Parkway, RBFCU, IKEA, and Randolph Air Force Base. The property contains 5448 square feet and represents an investment opportunity.
Local Financial Insights For Multifamily LT 5
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 | $94.8k | $17.40 |
| − Vacancy | −$5.2k | −$0.96 |
| EGI | $89.6k | $16.44 |
| − OpEx | −$26.9k | −$4.93 |
| NOI | $62.7k | $11.51 |
5,448 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$895.8K
$783.8K – $1.05M
NOI $62,707 @ 7.0% cap · market cap 7.89%
Second Best
Apartment 5plus
$795.0K
$695.6K – $927.5K
NOI $55,650 @ 7.0% cap · market cap 7.00%
Theoretical Best
Office A
$1.39M
$1.22M – $1.62M
NOI $97,278 @ 7.0% cap · market cap 12.24%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Comal
- State
- Texas
- Longitude
- -98.3573
- Latitude
- 29.561
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Well-maintained fourplex in gated community, fully managed, near Randolph AFB.
Where is this quadplex located?
The property is located at 6414 Luglio Lane San Antonio, TX.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Fully managed fourplex in a gated community - a truly hands‑off investment.; Each unit boasts 3 bedrooms, 2.5 bathrooms, and a 1‑car garage.; Enjoy private, fenced backyards for each unit.
