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$1,225,000
Est. payment /mo
6,720 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Improved Prop
Listing Status Active
Purchase Type For Sale
Square Footage 6,720 sqft
Price per Sqft $182
MLS Listing ID 1990503
Construction Status Wood,Brick
Year Built 1924
Annual Tax Amount $14,409
Lot Size 0.411 Acres
Property Sub-Type Commercial Improved Prop
Property Description
505 Arbor Place presents a rare opportunity to acquire a newly renovated six-unit residential investment property located just two miles from Downtown San Antonio. Situated on approximately 0.4114 acres and zoned IDZ-1, the property consists of six standalone single-family residences totaling approximately 6,720 square feet. The project is nearing completion and features a highly desirable unit mix of six (6) three-bedroom, two-bathroom homes averaging approximately 1,120 square feet per unit. Each residence has been extensively renovated and offers modern finishes designed to appeal to today's renters seeking quality housing with convenient access to the urban core. Strategically positioned in San Antonio's rapidly evolving Near West Side corridor, the property benefits from exceptional connectivity to Downtown, major employment centers, educational institutions, healthcare facilities, and entertainment destinations. The location continues to experience significant public and private investment, supporting strong rental demand and long-term appreciation potential. With its detached-home configuration, modern renovations, and proximity to Downtown San Antonio, 505 Arbor Place offers investors the opportunity to acquire a unique, income-producing asset with strong workforce housing fundamentals and attractive long-term growth prospects.
Location
State TX
County Bexar
Area 0700
Zoning IDZ-1
Interior
Heating Central
Cooling Central
Exterior
Garage Spaces 6.0
Utilities Available Electricity, Water, Sewer
Roof Type Composition
Building
Construction Status Wood,Brick
Schools
School District San Antonio I.S.D.
Others
Acceptable Financing Sale Only, Cash, Conventional, 1st Seller Carry, Other
Listing Terms Sale Only, Cash, Conventional, 1st Seller Carry, Other
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Listed by Uri Uriah • Uriah Real Estate Organization • (210) 315-8885
Learn More About LPT Realty