SAN ANTONIO, TX 78211

SAN ANTONIO 8-PLEX AT 450K | $56K A DOOR | VALUE-ADD TO A 10% CAP

SAN ANTONIO, TX 78211 - BEXAR COUNTY

8 UNITS - 12 BED / 8 BATH - 4,152 SQFT - BUILT 1974 - 7,013 SQFT LOT - $450,000

A completely renovated 8-plex on the south side of San Antonio at $450,000, which is $56,250 per door.

The renovation is already done, so the upside here is the rent. Comparable 1/1 and 2/1 units in 78211, rent for $800 to $925 a month. Bring the units up to market and the building grosses about $82,800 a year.

At $56K a door, it's priced below every 6 to 8 unit sale in the comp set.

Sold as-is, first come first served.

THE NUMBERS

Asking Price: $450,000

Price per door: $56,250

Price per sqft: Approximately $108

Market rent: Approximately $800 per 1/1 and $925 per 2/1

Gross income at market rent: Approximately $82,800 per year ($6,900 per month)

Cap rate at market rent: Approximately 10 to 11 percent

HUD FY2026 Small Area Fair Market Rent, 78211: $950 for a 1BR and $1,150 for a 2BR (Section 8 upside)

PROPERTY SNAPSHOT

Address: San Antonio, TX 78211

County: Bexar

Units: 8 (four 2 bed / 1 bath at about 572 sqft, four 1 bed / 1 bath at about 466 sqft)

Building Area: 4,152 sqft

Lot Size: 7,013 sqft

Year Built: 1974

Condition: Completely renovated (seller reported)

Air Conditioning: mini splits

Parking: Unassigned

Sold as-is

First come, first served

RENT COMPS - 78211

703 Milvid Ave #B: 1/1, 408 sqft, $900

779 W Mayfield Blvd: 1/1, $919

823 Bynum Ave #201: 1/1, $795

750 Bynum Ave #21: 2/1, $825

1327 Quintana Rd: 2/1, $800 to $900

146 Caddo #A: 2/1, $950

CLOSED COMPS - SAN ANTONIO 6 TO 8 UNIT MULTIFAMILY

2503 Suzette Ave, 78227: 8 units, 3,600 sqft, built 1980, six of eight units needed repairs. Last listed at $490,000, sold 11/21/2025. Approximately $61,250 per door

1118 W French Pl, 78201: 6 units, 7,483 sqft, built 1910. SOLD $465,000 on 04/25/2025. $77,500 per door

1409 W Woodlawn Ave, 78201: 8 units, 10,851 sqft, built 1940. Last listed at $580,000, sold 08/24/2026. Approximately $72,500 per door

1635 W Mulberry Ave, 78201: 8 units, 6,132 sqft, built 1955. Last listed at $795,000, sold 06/2025. Approximately $99,375 per door

HOW TO READ THIS

Texas is a non-disclosure state. French Place is the only confirmed closing price in this set. The other comps show the last list price before closing, and the actual sale price may have been lower. Suzette Avenue is the closest match: a south-west side 8-unit that went for about $61K a door with most units needing work. King Ave is renovated and priced at $56K a door.

EXIT STRATEGIES

Value-add hold: Raise rents to market as leases turn over, for roughly a 10 percent or better cap stabilized

Section 8: HUD rents for 78211 are above market

Refinance: Stabilize, document the income and refinance on a commercial valuation

1031 exchange: A renovated 8-unit replacement property under $500K

DEAL TERMS

Asking Price: $450,000

Access: By appointment, with tenant notice. Call or text to schedule.

Sold as-is

Cash or hard money only

Buyer pays all closing costs, including escrow, title and title insurance

Transaction coordination fee of $425 paid by buyer

EMD: $10,000 minimum, non-refundable on assignment of contract

COE: Contact for terms

Title: Contact for details

First come, first served

WHOLESALE DISCLOSURE

JNA Dynamic Holdings LLC is not the record owner of this property. We hold, or are in the process of holding, an equitable interest in the property under a purchase and sale agreement, and we are marketing that equitable interest for assignment. We are not acting as an agent for the seller or for any buyer. This is an assignment of an equitable interest in a real estate contract, not a listing of the real property itself. Earnest money on an assignment of contract is non-refundable.

Condition and income information is seller reported and has not been independently verified. Rent and sales comparables come from public listing sources, and some are list prices rather than confirmed sale prices. They are not an appraisal and are not guaranteed. Buyer to do their own due diligence before executing any purchase agreement, including independent inspection, a rent roll and lease review, income and expense verification, and confirmation of square footage, unit count, zoning, permits, taxes, title and liens.

THE CALL

A renovated 8-plex in San Antonio at $56K a door. Market rents support about $82.8K, and that's roughly a 10 percent cap stabilized at $450,000.

First come, first served. Call or text to set up your walkthrough this week.

Jervon - JNA Dynamic Holdings LLC

(469) 949-3363

Jervon@jnadynamicholdings.com