1779 Nacogdoches Rd, San Antonio, TX 78209-2763
- Garden apartment buildings
- 15,484 SF
- 1.31 lot acres
Current Use by Public Records
- Metrix In Motion® / Marketing & Advertising / (Bike/Boat/Book/etc) Store
- The Quarter / Apartment Building / Apartment Complex
- Casa de Ana y mÃa / Apartment Building
Property Details for 1779 Nacogdoches Rd
- Year built
- 1970
- Lot size
- 1.31 lot acres
- Property type
- Garden apartment buildings
- APN
- 11898-000-0050
- APU
- 118980000050
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 24, 2025 | — | Oz The Quarters LLC | Bz International LLC | Deed | $7.6M · Greystone Select Company II LLC |
| Jan 23, 2025 | — | Bz International LLC | Pbiv1779 Nacogdoches Road LP | Special Warranty Deed | — |
| Jul 23, 2019 | — | Pbiv-1779 Nacogdoches Road LP | — | Deed · related | — |
| Apr 24, 2019 | — | Pbiv 1779 Nacogdoches Road LP | Linden Tara LLC | Grant Deed · related | — |
| — | — | Pbiv-1779 Nacogdoches Road LP | — | Deed Of Trust · related | — |
Description
The Quarter Apartments, a 46-unit multifamily property located at 1779 Nacogdoches Rd, San Antonio, TX 78209, presents a compelling value-add investment opportunity. Situated on a 1.312-acre lot in the affluent Alamo Heights submarket of Bexar County, this property comprises four, three-story buildings totaling 38,956 net rentable square feet. Built in 1970 and zoned MF-40, the complex offers a diverse range of unit sizes, including studios, one, two, and three-bedroom apartments, and townhome-style units ranging from 411 to 1,411 square feet. The property benefits from a significant $1.67 million investment in capital improvements, including exterior enhancements and a resident's lounge. Fifteen units have already been renovated, demonstrating the market demand and achieving rental premiums of $200 above comparable units. A new owner can capitalize on this success by completing the renovation of the remaining units. Alamo Heights boasts a median household income of $149,332 and a highly educated population (74.2% with higher education degrees), creating a strong tenant base. This prime location, coupled with the existing improvements and the potential for increased profitability, makes The Quarter Apartments an attractive investment prospect.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $710,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,090,000
Market price range: $766k - $1.53M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $1,145,000 Current use
- MEDICAL BUILDING
- $1,450,000 Change: +26% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $1,440,000 Change: +26% Conversion: Moderate
- OFFICE BUILDING
- $1,025,000 Change: -10% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Bexar
- State
- Texas
- Longitude
- -98.4602
- Latitude
- 29.5046
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA
