3221 N Flores, San Antonio, TX 78212
- $950,000
- 4,039
- SqFt
- List Price
- $950,000
- MLS#
- 1939828
- Status
- ACTIVE
- Number of Units
- 6
- County
- Bexar
- City
- San Antonio
- Subdivision
- Alta Vista
- Living Area
- 4,039
- Acres
- 0.29
Property Description
Alta Vista Value-Add Multifamily | 6 Units | Over 4,000 SF Exceptional value-add multifamily opportunity in the desirable Alta Vista neighborhood. This 6 unit property totaling over 4,000 square feet is being offered as an estate sale and presents substantial upside for investors seeking a repositioning or redevelopment play.The property is not currently operating at market efficiency. There are no long-term leases in place. Three of the six units are occupied on a month-to-month basis at below-market rents, offering immediate rent-growth potential. One unit is occupied by a family member at no rent, and another unit is a 2-bedroom / 1-bath currently under construction, providing a clear path to additional value upon completion by the new owner. The remaining unit offers further opportunity for optimization.Notable features include a central courtyard, on-site parking lot, and a in-ground swimming pool. Rare amenities that support future rent premiums once the property is stabilized and professionally managed.Located along N Flores, the asset benefits from proximity to downtown San Antonio, The Pearl, and major employment centers, making it well-positioned for long-term demand. This is a true investor asset ideal for rent optimization, light-to-moderate renovation, completion of existing improvements, and professional management. Strong fundamentals, flexible occupancy, and multiple value-creation strategies make this an increasingly rare opportunity in Alta Vista.
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Additional Information
- Days on Market
- 170
- Year Built
- 1926
- Builder Name
- Unknown
- Cooling
- 3+ Window/Wall
- Heating
- 3+ Units
- Exterior Features
- Solar Screens, In-Ground Pool, Cable TV Available, Common Utility Room, Other - See Remarks
- Exterior
- Siding
- Roof
- Composition, Metal
- Floor
- Wood
- School District
- San Antonio I.S.D.
- Elementary School
- Call District
- Middle School
- Call District
- High School
- Call District
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Listing courtesy of Listing Agent: Joel Leos (joelleos@kw.com) from Listing Office: Keller Williams Heritage.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. 
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