16
See all 16 photos
$1,950,000
Est. payment /mo
16 Beds
8 Baths
13,295 SqFt
Active
2706 Observation San Antonio, TX 78227
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Key Details
Property Type Multi-Family
Sub Type Multi-Family (2-8 Units)
Listing Status Active
Purchase Type For Sale
Square Footage 13,295 sqft
Price per Sqft $146
Subdivision Lackland Terrace
MLS Listing ID 1864075
Style One Story
Bedrooms 16
Full Baths 8
Year Built 1945
Annual Tax Amount $23,970
Lot Size 1.091 Acres
Property Sub-Type Multi-Family (2-8 Units)
Property Description
This fully vacant, turnkey 17-unit property with a dedicated laundry facility has just completed a full down-to-the-studs renovation in 2025. Upgrades include a brand-new foundation, roof, plumbing, electrical, and drywall-offering investors a modern, low-maintenance asset ready for immediate lease-up. Located minutes from Lackland Air Force Base and SeaWorld, the property sits in a high-demand rental corridor with strong tenant drivers. With no deferred maintenance and all major systems replaced, this is an ideal buy-and-hold or value-add opportunity with significant cash flow and appreciation potential.
Location
State TX
County Bexar
Area 0700
Zoning R-6
Interior
Heating Window Unit
Cooling Window/Wall
Flooring Laminate
Exterior
Exterior Feature Siding
Garage Spaces 16.0
Roof Type Composition
Building
Sewer City
Water City
Schools
Elementary Schools Westwood Terrace
Middle Schools Jones Anson
High Schools John Jay
School District Northside
Others
Acceptable Financing Conventional, Cash, Investors OK
Listing Terms Conventional, Cash, Investors OK
Listed by Dominique Jimenez • Real Broker, LLC • (210) 800-5525