1110 West Ashby Place

San Antonio TX 78201

3802 sq. ft.

0.25 ac.

Multi-Family

Currently for sale - view listing

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.

Features

7 bedrooms

7 bathrooms

3802 sq. ft. floor area

0.25 ac. lot size

Multi-Family

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