18
See all 18 photos
$1,950,000
Est. payment /mo
13,295 SqFt
Active
2706 Observation San Antonio, TX 78227
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Key Details
Property Type Commercial
Sub Type Apartments
Listing Status Active
Purchase Type For Sale
Square Footage 13,295 sqft
Price per Sqft $146
MLS Listing ID 1872518
Year Built 1945
Annual Tax Amount $23,976
Lot Size 1.091 Acres
Acres 1.091
Property Sub-Type Apartments
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
Exterior
Garage Spaces 18.0
Utilities Available Electricity, Gas, Water
Roof Type Composition
Building
Story 1
Schools
School District Northside
Others
Acceptable Financing Sale Only, Cash, Conventional
Listing Terms Sale Only, Cash, Conventional
Listed by Dominique Jimenez • Real Broker, LLC • (210) 800-5525
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