Active · sale

703 Logwood Ave

, 78221

$1,950,000

  • 14,534 sq ft
  • 0.47 acres
  • Built 1976

Listed by Uriah Real Estate Organization · MLS #1971942

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1976.

Property size

0.47 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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703 Logwood Avenue presents the opportunity to acquire a value add 24-unit multifamily asset strategically located in San Antonio's established South Park submarket. Situated on approximately 0.466 acres, the property encompasses 14,534 square feet of rentable living area and features a well-balanced unit mix of fourteen (14) one-bedroom/one-bathroom units and ten (10) two-bedroom/one-bathroom units. The property offers investors immediate In-place cash flow while also presenting a compelling value-add opportunity. New ownership may increase revenues through strategic interior and exterior improvements, operational efficiencies, and continued rent optimization, creating the potential to further enhance returns while maintaining strong occupancy. Located in the heart of the South Park area, 703 Logwood benefits from exceptional accessibility to many of San Antonio's largest employment and economic drivers. The property is less than 15 minutes from Downtown San Antonio, Lackland Air Force Base, major universities, healthcare facilities, and numerous employment centers, providing a diverse and resilient tenant base. The property unit mix is well-positioned to serve workforce housing demand from military personnel, students, healthcare workers, and local professionals seeking affordable housing options in a centrally located submarket. In addition to its near-term value-add potential, the asset offers investors the opportunity to benefit from long-term appreciation driven by San Antonio's continued population growth, expanding employment base, and increasing demand for attainable rental housing. As investment activity and redevelopment continue throughout the city's south and central corridors, 703 Logwood is well-positioned to capitalize on both operational upside and future market appreciation. 703 Logwood Avenue represents a rare opportunity to acquire a stabilized, cash-flowing multifamily asset with value-add potential in a supply-constrained infill location. The combination of current income, upside through improved operations, and long-term appreciation prospects, makes this offer attractive to both yield-focused investors and 1031 exchange buyers seeking durable multifamily fundamentals in one of Texas' fastest-growing metropolitan areas.

THE NEIGHBORHOOD

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703 Logwood Ave, , 78221

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THE DETAILS

The details, all in one place.

Year built
1976
Zoning
MF-33
Parcel
093921170230
Annual property tax
$17,799.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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703 Logwood Ave, , 78221 · MLS #1971942

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Listing information

MLS #1971942 · San Antonio Board of Realtors

Listing brokerage: Uriah Real Estate Organization
Listing agent: Uri Uriah

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.