A rare opportunity to acquire a cash-flowing 7-unit multifamily asset in the rapidly growing Alta Vista / Beacon Hill corridor. This property delivers both immediate income and long-term appreciation, making it an ideal acquisition for yield-focused investors. The asset produces approximately $60,000 in net operating income, offering a 9.3% going-in cap rate and an 8.3% cap rate after tax reassessment-strong fundamentals by todays standards. Currently 5 of 7 units are occupied, providing built-in upside through lease-up and rent optimization. Strategically located just minutes from San Antonio College, The Pearl, and St. Marys Strip, the property benefits from consistent rental demand driven by students, professionals, and urban renters seeking proximity to San Antonios most active employment and lifestyle hubs.
Listed By
Agency Name: Keller Williams Boerne
Agency Phone: (830) 816-3500
Shown By
Agent Name: Russell Cox
Agent Phone: Cell: (254) 717-6447
Agency Title: Kelly, Realtors
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447
Estimated Payment
$ 2,172.70 per month $1,435.49 Principal & Interest $549.08 Property Tax $188.13 Homeowner's Insurance
1110 W Ashby Pl | MLS# 1932803
This multi-family property located at 1110 W Ashby Pl, San Antonio, TX 78201 is currently listed for sale with an asking price of $645,000. W Ashby Pl is located within the San Antonio ISD school district. Search San Antonio real estate on www.254sale.com today.