1110 W Ashby Pl - Apartments FOR SALE


San Antonio, TX 78201- Beacon Hill
$645,000 USD
210-940-0514
1110 W Ashby Pl, San Antonio, TX for Sale
$645,000 USD
Apartments - FOR SALE
1/31
null | 9.36% Cap Rate

1110 W Ashby Pl
San Antonio, TX 78201
Beacon Hill


HIGHLIGHTS

  • Cash-flowing 7-unit multifamily in the growing Alta Vista / Beacon Hill corridor
  • Approximately $60,000 NOI
  • 9.3% going-in cap rate
  • 8.3% cap rate after tax reassessment
  • 5 of 7 units currently occupied with upside through lease-up and rent optimization
  • Strong current income + long-term appreciation potential

OVERVIEW

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 today's 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. Mary's Strip, the property benefits from consistent rental demand driven by students, professionals, and urban renters seeking proximity to San Antonio's most active employment and lifestyle hubs.

FOR SALE DETAILS

PRICE

$645,000 USD

PRICE/SF

$170 USD /SF

# OF UNITS

7

PRICE/UNIT

$92,143

CAP RATE

9.36%

% LEASED

71%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1917

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

R-6 NCD-5

APN/PARCEL ID

03032-003-0151

ASK ABOUT THIS PROPERTY

Timothy WarlowKeller Williams CommercialMore Info
210-940-0514

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Timothy WarlowKeller Williams CommercialMore Info
210-940-0514

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