2807 Observation

San Antonio, TX 78227

About this property

Fully renovated 8 unit apartment building in the heart of San Antonio's Lackland AFB corridor one of the city's most best workforce housing submarkets. All units are two bedroom floor plans currently renting between $1,100-$1,300 per month with 7 of 8 units leased. Cash flowing from day one. The 2024 renovation was comprehensive: Replaced: roof, HVAC, new windows, LVP flooring, bathrooms, kitchens and appliances, granite-style countertops and cabinetry, drywall, fresh paint inside and out, doors, hardware, plumbing, and lighting throughout. Zero deferred maintenance.

About this property

Fully renovated 8 unit apartment building in the heart of San Antonio's Lackland AFB corridor one of the city's most best workforce housing submarkets. All units are two bedroom floor plans currently renting between $1,100-$1,300 per month with 7 of 8 units leased. Cash flowing from day one. The 2024 renovation was comprehensive: Replaced: roof, HVAC, new windows, LVP flooring, bathrooms, kitchens and appliances, granite-style countertops and cabinetry, drywall, fresh paint inside and out, doors, hardware, plumbing, and lighting throughout. Zero deferred maintenance.

Features and Additional Information

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$850,000 Active
5,800 sqft

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Keller Williams Heritage
1-210-493-3030
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Area Information

Bexar | Bexar County | NOT IN DEFINED SUBDIVISION

$ 850,000
This listing is play_arrow 161.5% higher than the average in the area
$ 325,000 in the area
5,800 SqFt
This listing is play_arrow 299.4% larger than the average in the area
1,452 SqFt in the area
$ 147 $/SqFt
This listing is play_arrow 34.5% less than the average in the area
$ 224 $/SqFt in the area
171 days on site
This listing is play_arrow 22.3% below the average in the area
220 days on site in the area

Schools in the Area

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    Elementary School
    Westwood Terrace
  • turned_in
    Middle School
    Jones
  • turned_in
    High School
    John Jay
Listed By Scott Malouff
Brokerage: Keller Williams Heritage

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