3221 N Flores

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.

Price

$895,000

Beds / baths

- / -

Living area

4,039 sq ft

Property type

Single-family

Year built

-

Lot

0.286

Subdivision

ALTA VISTA

School district

San Antonio ISD

County

Bexar

Status

Price change

MLS #

1939828

Est. payment

$6,854/mo (10% down, 6.25%, taxes & insurance)

Listing data comes from our MLS feed and is refreshed weekly. Measurements and school assignments should be verified independently.

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