602 Chauncey Dr - Multi-Family FOR SALE


San Antonio, TX 78216- Harmony Hills
$749,000 USD
210-942-7393
602 Chauncey Dr, San Antonio, TX for Sale
$749,000 USD
Multi-Family - FOR SALE
1/21
null | 5.38% Cap Rate

602 Chauncey Dr
San Antonio, TX 78216
Harmony Hills


HIGHLIGHTS

  • 6-unit multifamily investment opportunity
  • North Central San Antonio location
  • Two buildings totaling approximately 6,432 SF
  • Five 2BR/2BA units and one 1BR/1BA unit
  • Separate electric meters and shared laundry facility
  • Value-add upside through RUBS and rent growth

OVERVIEW

602 Chauncey is a 6-unit multifamily investment opportunity located in North Central San Antonio. Zoned MF-33 and built in 1982, the property consists of two buildings totaling approximately 6,432 SF, with Building 1 at approximately 4,200 SF and Building 2 at approximately 2,232 SF. The unit mix includes five 2-bedroom/2-bath units and one 1-bedroom/1-bath unit. The property benefits from long-term tenants, separate electric meters, a large shared tenant storage room, and an on-site utility/laundry room with several coin-operated washers and dryers. Landlord currently pays water, creating potential future upside through RUBS implementation at lease renewal. Reported 2025 NOI is $40,271.85 with additional upside potential through rent growth, utility reimbursement, laundry income, and operational improvements. This asset offers investors a stabilized multifamily property with value-add potential in an established San Antonio rental submarket. Marketing package available upon request.

FOR SALE DETAILS

PRICE

$749,000 USD

PRICE/SF

$116 USD /SF

# OF UNITS

6

PRICE/UNIT

$124,833

CAP RATE

5.38%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

602 Chauncey Dr

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1982

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

MF-33

APN/PARCEL ID

13933-004-0090

ASK ABOUT THIS PROPERTY

Patricia Chavez , CCIMKeller Williams RealtyMore Info
210-942-7393

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Patricia Chavez , CCIMKeller Williams RealtyMore Info
210-942-7393

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.