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    3221 Flores N, San Antonio, TX 78212
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    3221 Flores N
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    • MLS#: 1939828 ( Multi-Family (2-8 Units) )
    • Street Address: 3221 Flores N
    • Viewed: 1
    • Price: $950,000
    • Price sqft: $235
    • Waterfront: No
    • Year Built: 1926
    • Bldg sqft: 4039
    • Days On Market: 81
    • Additional Information
    • County: BEXAR
    • City: San Antonio
    • Zipcode: 78212
    • Subdivision: Alta Vista
    • District: San Antonio I.S.D.
    • Elementary School: Call District
    • Middle School: Call District
    • High School: Call District
    • Provided by: Keller Williams Heritage
    • Contact: Joel Leos
    • (224) 634-8877
    • San Antonio, TX MLS IDX
    • DMCA Notice
    • Description
      Alta Vista Value Add Multifamily | 6 Units | Over 4,000 SF Exceptional value add multifamily opportunity in the desirable Alta Vista neighborhood. This 6 unit property totaling over 4,000 square feet is being offered as an estate sale and presents substantial upside for investors seeking a repositioning or redevelopment play.The property is not currently operating at market efficiency. There are no long term leases in place. Three of the six units are occupied on a month to month basis at below market rents, offering immediate rent growth potential. One unit is occupied by a family member at no rent, and another unit is a 2 bedroom / 1 bath currently under construction, providing a clear path to additional value upon completion by the new owner. The remaining unit offers further opportunity for optimization.Notable features include a central courtyard, on site parking lot, and a in ground swimming pool. Rare amenities that support future rent premiums once the property is stabilized and professionally managed.Located along N Flores, the asset benefits from proximity to downtown San Antonio, The Pearl, and major employment centers, making it well positioned for long term demand. This is a true investor asset ideal for rent optimization, light to moderate renovation, completion of existing improvements, and professional management. Strong fundamentals, flexible occupancy, and multiple value creation strategies make this an increasingly rare opportunity in Alta Vista.
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    Features
    Possible Terms
    1. Conventional
    2. Cash
    3. Investors OK
    4. Other
    Air Conditioning
    1. 3+ Window/Wall
    Annual Operating Expense
    1. 21996
    Apprx Age
    1. 100
    Builder Name
    1. Unknown
    Contract
    1. Exclusive Right To Sell
    Days On Market
    1. 79
    Dom
    1. 79
    Elementary School
    1. Call District
    Exterior Features
    1. Siding
    Flooring
    1. Wood
    Heat
    1. 3+ Units
    Heating Fuel
    1. Electric
    High School
    1. Call District
    Home Owners Association Mandatory
    1. None
    Instdir
    1. San Pedro Ave to Agarita
    Legal Description
    1. Ncb 1800 Blk 8 S 83.33 Ft Of 8
    2. 9 & 10 Arb A21
    Meters
    1. Separate Electric
    2. Common Water
    Middle School
    1. Call District
    Net Operating Income
    1. 16956
    Op Exp Includes
    1. Taxes
    2. Maintenance
    3. Services
    4. Other
    Owner Lrealreb
    1. No
    Ph To Show
    1. 2102222227
    Property Type
    1. Multi-Family (2-8 Units)
    Recent Rehab
    1. No
    Roofing
    1. Composition
    2. Metal
    Salerent
    1. For Sale
    School District
    1. San Antonio I.S.D.
    Source Sqft
    1. Appsl Dist
    Style
    1. Two Story
    2. Historic/Older
    Total Tax
    1. 15474
    Water/Sewer
    1. City
    Year Built
    1. 1926
    Zoning
    1. R-6 CD NCD-2