703 Logwood Ave, San Antonio, TX

$2,100,000

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14,534

Square feet

0.47

Acres

About 703 Logwood Ave

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.

Features of 703 Logwood Ave

MLS® # 1971942
Price $2,100,000
Number Of Units 24
Square Footage 14,534
Acres 0.47
Year Built 1976
Type Commercial
Sub-Type Apartments
Status Active

Community Information

Address 703 Logwood Ave
City San Antonio
County Bexar
State TX
Zip Code 78221

Multi-Unit Information

Gross Income $172,380
Net Operating Income $108,837

Amenities

Utilities Electricity, Gas, Water, Sewer, Other
Parking Spaces 30

Interior

Heating Central
Cooling Central
# of Stories 2.0
Stories 2

Exterior

Roof Composition, Other
Construction Brick, Other
Foundation Slab

School Information

District Harlandale I.S.D

Additional Information

Date Listed June 2nd, 2026
Days on Market 45
Zoning MF-33
Short Sale No
Cap Rate 5.18
Gross Rent Multiplier 12.18
Estimated Taxes $17,799

Listing Details

AgentUri Uriah
OfficeUriah Real Estate Organization
Contact Info(210) 315-8885

Listing Map

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