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    1712 Salinas St San Antonio, TX 78207

    For Sale
    $700,000

    Westside rental property, 5 units, renovated 2022

    Property size:
    400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a portfolio of five single-family rental units located in San Antonio, Texas, within the rapidly developing Westside. The property comprises three two-bedroom, one-bathroom units and two one-bedroom, one-bathroom units, all situated on a single parcel of land in the 78207 zip code. Each unit boasts approximately 400-500 square feet of living space. The entire portfolio was renovated in 2022, offering immediate cash flow potential. The asking price is $700,000, representing an attractive price per unit of $140,000. The property's location in a growth area of San Antonio offers significant upside potential. Furthermore, the existing site provides the potential for expansion, with space available to add one or two additional units, increasing the overall return on investment. This is an ideal opportunity for investors seeking a turnkey multifamily property with strong rental income and future development possibilities. The property is located at 1712, 1714, and 1716 W Salinas and 319 and 321 Macias Way, San Antonio, Bexar County, Texas.

    Property Features for 1712 Salinas St

    General Information

    Property type
    Multifamily properties
    Square Feet
    400 SF

    Building Details

    Year Renovated
    2022
    Units
    5

    HighLights

    • Five‑unit multifamily portfolio in San Antonio's rapidly developing Westside (78207 zip code).
    • Three 2‑bedroom/1‑bathroom units and two 1‑bedroom/1‑bathroom units, each approximately 400‑500 square feet.
    • Completely renovated in 2022, offering immediate cash flow.
    • $700,000 asking price ($140,000 per unit).
    • Potential to add 1‑2 additional units on the existing site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.51239163
    Latitude
    29.42968505

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    FAQs

    What type of property is this?
    Multifamily property - Westside rental property, 5 units, renovated 2022
    Where is this multifamily property located?
    The property is located at 1712 Salinas St San Antonio, TX.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: Five-unit multifamily portfolio in San Antonio's rapidly developing Westside (78207 zip code).; Three 2-bedroom/1-bathroom units and two 1-bedroom/1-bathroom units, each approximately 400-500 square feet.; Completely renovated in 2022, offering immediate cash flow.
    (210) 216-5688
    Request Owner's contact information
    1712 Salinas St San Antonio, TX 78207
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    San Antonio, TX 78207
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1712 Salinas St San Antonio, TX 78207
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