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Dainelle Scott

Team Owner | Rise Property Group | Keller Williams Boerne | PLACE

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101 Stanley Ct , San Antonio, TX 78214
$729,999
Est. Payment: $1,622.22/mo
10 Bed
6 Bath
4286 Sqft
Status: Price Change | Days on site: 15
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House Description

This is a rare opportunity to acquire three multifamily buildings on three separate parcels in one package, offering immediate cash flow with significant upside. Situated on 0.345 acres and totaling 4,286 SF, the property is zoned MF-33, providing valuable flexibility in a market where multifamily opportunities are increasingly difficult to find. The portfolio has undergone substantial improvements, with two buildings recently rehabilitated and the third approximately 70% complete, allowing a new owner to finish the project and realize the remaining value-add potential. Currently, three units are leased with two additional units ready for occupancy, providing an immediate opportunity to increase cash flow through lease-up. The property's pro forma gross annual income is approximately $64,200 with estimated operating expenses of $22,610 (including property taxes, insurance, maintenance, and utilities currently paid by ownership), resulting in a projected Net Operating Income of approximately $41,590. At the asking price, the property offers an attractive 5.55% cap rate, with additional upside available through operational improvements. An additional approximately 850 SF of unfinished space presents the opportunity to create income-producing space, further enhancing returns. There may also be future opportunities to reduce operating expenses by separately metering utilities or implementing utility reimbursement programs, increasing NOI over time. Whether you're looking to expand your multifamily portfolio or complete a partially finished redevelopment project with strong income potential, 101, 103 & 107 Stanley Ct offers an attractive combination of existing cash flow, redevelopment upside, and long-term investment potential.

Highlights

Listed by Christopher Parreira , (830) 708-5700 W.C. Miller Properties , (830) 708-5700.

Property Type

Multi-Family

Lot/Acreage
0.34

County

Bexar

Area

3100

Neighborhood

Harlandale

School District

Call District

Listing ID

2005498

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:10
  • Bathrooms:6
  • Full Bathrooms:6
Air Cond:3+ Window/Wall
Fireplaces:
Floor:Ceramic Tile,Vinyl
Water:SAWS

Exterior Features

Zoning:MF-33
Roof:Composition
Others:
  • Additional:Double Pane Windows
Sewer:City
Principal Interest
$1,622
Taxes
$657

Home Price

$729,999

Loan Details

30 yrs
%

Down Payment

20%
$146,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,622.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,622.22 $657.43 $0.00 $2,279.65
Yearly $19,466.64 $7,889.20 $0.00 $27,355.84
Total $583,999.20 $236,676.00 $0.00 $820,675.20

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (San Antonio, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.