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29189382
29189403

715 E Elmira St., San Antonio, TX 78212 For Sale

SM
TX 658231
Malouff International Group
Listed by Malouff International Group
$1,400,000
187 days on market
Updated 12 days ago

URBAN INFILL MULTI-FAMILY WITH REDEVELOPMENT UPSIDE

Details
Property Type Land, Mixed Use (+1)
Sub Type Commercial, Residential
Units 7
Year Built 1940
Buildings 7
Stories 1
Acreage 0.480
Zoning R-6
Investment Type Redevelopment
Sale Condition 1031 exchange

Land | 0.48 acres

Marketing description

Downtown San Antonio – Multi-Family Prime Infill Investment with Upside

Rare opportunity to acquire 7 income-producing rental units on land in the heart of downtown San Antonio. Zoned R-6, this property offers immediate cash flow with long-term redevelopment potential.

6 of 7 units are occupied by long-term tenants on one-year leases, providing stable income from day one. One vacant unit (Unit 713) is ready for showings.

All units feature central A/C

In-unit washer & dryers in every unit

Separately metered utilities

Unit Breakdown:

• 4 — 1 Bed / 1 Bath

• 3 — 2 Bed / 1 Bath


Realistically a small investor won’t work.

Looking for a developer-minded, cash or near-cash buyer️— not a traditional income investor‼️

Urban infill multifamily with in-place income and redevelopment upside — best suited for a cash buyer or developer.


Investment highlights

The deal is about future value, not today’s yield! ️

• Location

• Zoning / density

• Assemblage or redevelopment potential

• Existing income to offset holding costs

Property may offer potential for commercial rezoning, making it attractive for developers seeking a downtown footprint. Buyer and buyer’s agent to verify zoning and permitted uses.

Rent roll available upon request from listing agent.

Listing Contacts

SM
TX 658231
Malouff International Group
Listed by Malouff International Group

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