Two-Story Multifamily
New
For Sale
$369,500
6950 LAKEVIEW DR, San Antonio, TX 78244
Built in 2019, the property has central air and central electric service.
Property Size2,606 SF
Price / SF$141.79
Days on Market7
Property Features for 6950 LAKEVIEW DR
General Information
Standard status
Active
Size
2,606 SF
Property subtype
Residential Income
Net Operating Income
$24,000
Taxes and HOA fees
Annual Taxes
$6,847
Amenities
Central Air
Electric, Central
Two Story
Building Details
Building Size
2,606 SF
Year Built
2019
Stories
2
Listing Agency:
Keller Williams City-View
Listed By:
Paulina Giaimo
(210) 790-1220
Source:
Evrealestate
Added: Oct 1
Changed: Oct 3
Last Checked: Oct 7 at 12:22PM
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 Keller Williams City-View
Investment Insights
Based on property information with market context.
This two-story multifamily property was built in 2019. Interior features include central air and central electric service. The building is located at 6950 Lakeview Dr in San Antonio, Bexar County.
Key Highlights
- Two‑story multifamily property
- Built in 2019
- Central air and central electric service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,620
Cap Rate
7.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$532,400
$532.4K
Cap Rate 7%
$380,286
$380.3K
Cap Rate 9%
$295,778
$295.8K
Market Conditions
NOI Build-Up for 2,606 SF
Gross rent
$51.6K $19.80/SF
− Vacancy
−$3.2K −$1.23/SF
EGI
$48.4K $18.57/SF
− OpEx
−$21.8K −$8.36/SF
NOI
$26.6K $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%
$532,400
Cap Rate 7%
$380,286
Cap Rate 9%
$295,778
Alternative Uses
Best Use
Apartment 5plus
$380.3K
$332.8K – $443.7K
NOI $26,620 @ 7.0% cap · market cap 7.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$664.7K
$581.7K – $775.5K
NOI $46,532 @ 7.0% cap · market cap 12.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
376
Businesses Nearby
Explore this area
Business Placement
Demographics for 78244, TX
35,801
Population
12,978
Households
2.8
Avg Household Size
33
Median Age
24%
College-Educated
88%
High-School Grad
7.5 sq mi
ZIP Area
4,773
Density / Sq Mi
$67,789
Median Household Income
$36,788
Median Earnings
$1,552
Median Rent
$195,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Built in 2019, the property has central air and central electric service.
Where is this multifamily property located?
The property is located at 6950 LAKEVIEW DR San Antonio, TX.
What is the asking price?
The asking price for this property is $369,500.
What are key features of this property?
This property features: Two‑story multifamily property; Built in 2019; Central air and central electric service
