Short-Term Rental Property with Rooftop
For Sale
$559,000
911 Iowa, San Antonio, TX 78203
A 2018-built income property with two-bedroom, two-bath layouts and access to downtown San Antonio attractions.
Property Size1,702 SF
Price / SF$328.44
Days on Market90
Property Features for 911 Iowa
General Information
Standard status
Active
Size
1,702 SF
Property subtype
Multi-Family
Amenities
rooftop terrace
Building Details
Year Built
2018
Listing Agency:
Mission Real Estate Group
Listed By:
Cynthia Vasquez
(210) 690-0050
Source:
Kingdomtxrealty
Added: Jul 23
Changed: Oct 8
Last Checked: Oct 7 at 4:33PM
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 Mission Real Estate Group
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Investment Insights
Based on property information with market context.
Built in 2018, this 1,702-square-foot property is configured for short-term rental use, with two-bedroom, two-bath accommodations and comfortable living areas. A rooftop terrace adds outdoor space for entertaining and takes in city views. The property is currently operating as a turnkey short-term rental.
Located at 911 Iowa in San Antonio, the property is near the Alamodome and within minutes of The Pearl and the San Antonio River Walk. Restaurants, museums, and entertainment venues are also nearby, placing the property within the broader downtown San Antonio setting.
Located at 911 Iowa in San Antonio, the property is near the Alamodome and within minutes of The Pearl and the San Antonio River Walk. Restaurants, museums, and entertainment venues are also nearby, placing the property within the broader downtown San Antonio setting.
Key Highlights
- 1,702‑square‑foot short‑term rental property built in 2018
- Each unit includes 2 bedrooms and 2 baths
- Rooftop terrace with city views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,386
Cap Rate
3.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,720
$347.7K
Cap Rate 7%
$248,371
$248.4K
Cap Rate 9%
$193,178
$193.2K
Market Conditions
NOI Build-Up for 1,702 SF
Gross rent
$33.7K $19.80/SF
− Vacancy
−$2.1K −$1.23/SF
EGI
$31.6K $18.57/SF
− OpEx
−$14.2K −$8.36/SF
NOI
$17.4K $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%
$347,720
Cap Rate 7%
$248,371
Cap Rate 9%
$193,178
Alternative Uses
Best Use
Apartment 5plus
$248.4K
$217.3K – $289.8K
NOI $17,386 @ 7.0% cap · market cap 3.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$434.2K
$379.9K – $506.5K
NOI $30,391 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
556
Businesses Nearby
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Business Placement
Demographics for 78203, TX
5,872
Population
2,380
Households
2.5
Avg Household Size
35
Median Age
14%
College-Educated
75%
High-School Grad
1.4 sq mi
ZIP Area
4,194
Density / Sq Mi
$34,815
Median Household Income
$28,146
Median Earnings
$989
Median Rent
$139,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - A 2018-built income property with two-bedroom, two-bath layouts and access to downtown San Antonio attractions.
Where is this short term rental property located?
The property is located at 911 Iowa San Antonio, TX.
What is the asking price?
The asking price for this property is $559,000.
What are key features of this property?
This property features: 1,702‑square‑foot short‑term rental property built in 2018; Each unit includes 2 bedrooms and 2 baths; Rooftop terrace with city views
