Price Reduced Listing
3221 N Flores,San Antonio, TX 78212
San Antonio, TX 78212
Description
Alta Vista Value-Add Multifamily | 6 Units | Over 4,000 SF Exceptional value-add multifamily opportunity in the desirable Alta Vista neighborhood. This 6 unit property totaling over 4,000 square feet is being offered as an estate sale and presents substantial upside for investors seeking a repositioning or redevelopment play.The property is not currently operating at market efficiency. There are no long-term leases in place. Three of the six units are occupied on a month-to-month basis at below-market rents, offering immediate rent-growth potential. One unit is occupied by a family member at no rent, and another unit is a 2-bedroom / 1-bath currently under construction, providing a clear path to additional value upon completion by the new owner. The remaining unit offers further opportunity for optimization.Notable features include a central courtyard, on-site parking lot, and a in-ground swimming pool. Rare amenities that support future rent premiums once the property is stabilized and professionally managed.Located along N Flores, the asset benefits from proximity to downtown San Antonio, The Pearl, and major employment centers, making it well-positioned for long-term demand. This is a true investor asset ideal for rent optimization, light-to-moderate renovation, completion of existing improvements, and professional management. Strong fundamentals, flexible occupancy, and multiple value-creation strategies make this an increasingly rare opportunity in Alta Vista.
Details
| MLS # | 1941710 |
|---|---|
| Listing Type | For Sale |
| Style | Apartments |
| Status | Active |
| Year | 1926 |
| Days On Site | 195 |
| Listing Provided By | Keller Williams Heritage | Joel Leos |
Features
| SQ Feet | 4,039 |
|---|---|
| Zoning | R-6 CD NCD-2 |
| Acreage | 0.29 |
Exterior
| Roof | Composition, Metal |
|---|
Parking
| Number Total Parking | 5 |
|---|
Utilities
| Utilities | Electricity, Water, Telephone, Sewer, Cable TV |
|---|
Taxes
| Tax Property Id | 018000080080 |
|---|---|
| Total Tax | 9393 |
Area Information
| State | TX |
|---|---|
| County | Bexar |
| City | San Antonio |
| Zip Code | 78212 |
| Area | Bexar |
| School District | San Antonio I.S.D. |
| Listing VS Median (in 78212) | |
Price: $895,000 low | high Med: $273,500 sqft: 4,039 low | high Med: 2,123 $ / sqft: $222 low | high Med: $154 On site: 195 low | high Med: 70 | |
Market Activity 78212
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Learn More About This Property
| State | TX |
|---|---|
| County | Bexar |
| City | San Antonio |
| Zip Code | 78212 |
| Area | Bexar |
| School District | San Antonio I.S.D. |
| Listing VS Median (in 78212) | |
Price: $895,000 low | high Med: $273,500 sqft: 4,039 low | high Med: 2,123 $ / sqft: $222 low | high Med: $154 On site: 195 low | high Med: 70 | |
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Land & Ranch 210.483.7500 | Bandera 830.850.6700 | Global Luxury 210.483.5700 | Coldwell Banker Commercial Alamo City 210.483.6250
North Central San Antonio / Stone Oak 210.483.7070 | Harper Property Management 210.483.7040 | Relocation Services 210.483.7121
North West San Antonio 210.483.0000 | Laredo 956.722.4822 | Coldwell Banker Commercial International Gateway 956.937.2867
