119 Bank, San Antonio, TX 78204
Local realty services provided by:Better Homes and Gardens Real Estate Winans
119 Bank,San Antonio, TX 78204
$795,000
- - Beds
- - Baths
- 5,510 sq. ft.
- Multi-family
- Active
Listed by: arthur sable
Office: keller williams legacy
MLS#:1926651
Source:LERA
Price summary
- Price:$795,000
- Price per sq. ft.:$144.28
About this home
FULLY OCCUPIED | 11 UNITS | $11,745/MO SCHEDULED RENT | $140,940 ANNUAL SCHEDULED RENT | $91,716 ANNUALIZED NOI | APPROX. 11.5 CAP RATE AT $795K LIST PRICE. Rare income-producing investment opportunity in San Antonio's Lone Star/Southtown corridor near Downtown. This multi-building rental property offers strong in-place cash flow with a diversified unit mix consisting of efficiencies, 1-bedroom apartments, a 3-bedroom/1-bath residence and a two-story co-living/rent-by-room component with 7 rentable bedrooms. CURRENTLY FULLY OCCUPIED with income already in place. The rear building consists of 6 units: three 1-bedroom apartments and three efficiencies. The middle courtyard row includes 3 additional units: two efficiencies and one 1-bedroom. The front portion includes the 3-bedroom/1-bath residence and the two-story co-living house. A central courtyard connects the multi-building property. INVESTOR HIGHLIGHTS: Strong in-place occupancy and cash flow; diversified rental income; established tenant base; and potential for continued operational and rental-income upside. Convenient access to Downtown, Southtown, employment centers, dining, entertainment and major transportation corridors. Investor financial package, current rent roll and operating expense summary available in MLS documents. Buyer to independently verify all financial, zoning, property and operating information....
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Home facts
- Year built:1949
- Subdivision & Development:S DURANGO/PROBANDT
- Listing ID #:1926651
- Added:306 day(s) ago
- Updated:October 07, 2026 at 01:59 PM
Rooms and interior
- Flooring:Ceramic Tile, Laminate
- Living area:5,510 sq. ft.
Heating and cooling
- Cooling:Window/Wall
- Heating:Electric
Structure and exterior
- Roof:Composition
- Year built:1949
- Building area:5,510 sq. ft.
- Lot area:0.22 Acres
- Construction Materials:Siding
- Foundation Description:Slab
Schools
- High school:Burbank
- Middle school:Harris
- Elementary school:Briscoe
Finances and disclosures
- Price:$795,000
- Price per sq. ft.:$144.28
- Tax amount:$17,852
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