Description
This premier 2.44-acre multi-use property on highway 87 offers a multifamily residential living with additional income potential. with a 7.5% cap rate and $215,000 in annual net operating income this property is ideal for a multifamily owner. built by custom home builders, the property reflects superior craftsmanship in every detail. located at 203 highway 87, the site comprises seven buildings, including two residential homes (one featuring an airbnb suite), a medical office building with three residential lofts above, a charming residential cottage, and three multifamily buildings. designed to maximize returns, this property offers a variety of income streams from short-term and long-term rentals, as well as commercial tenants. residential rental rates are currently below market, providing significant opportunity for future growth and increased revenue. with multiple revenue streams and prime highway exposure, this is a rare investment opportunity that combines stability and long-term appreciation potential.
Property Type
Two StoryCounty
KendallStyle
Two StoryAD ID
50213806
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Property Details
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Exterior Features
Building Information
- Year Built: 1995
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Property / Lot Details
Lot Information
- Lot Size: 1.884
- Main Square Feet: 15,002
Property Information
- SQ ft: 15,002
- Subdivision: COMFORT NORTH
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Listing Information
Listing Price Information
- Original List Price: $2,900,000
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Taxes / Assessments
Tax Information
- Parcel Number: 1513300000100
- Taxes : 4649.58
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School, Utilities & Location Details
School Information
- Elementary School: Comfort
- Junior High School: Comfort
- Senior High School: Comfort
- School District: Comfort
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BuyOwner last updated this listing 07/08/2025 @ 01:03
- MLS: 1877022
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: SABOR - San Antonio
is a Other, with 0 bedrooms which is for sale, it has 15,002 sqft, 2 sized lot, and 0 parking. are nearby neighborhoods.