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$940,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family (2-8 Units)
Listing Status Active
Purchase Type For Sale
Subdivision Commerce S To Guadalupe Sa
MLS Listing ID 2003869
Style Two Story
Year Built 1927
Annual Tax Amount $11,695
Property Sub-Type Multi-Family (2-8 Units)
Property Description
Positioned just west of Downtown San Antonio in one of the city's fastest-evolving urban corridors, 2323 Buena Vista presents a rare opportunity to acquire a flexible IDZ-zoned property with multiple value-add and redevelopment strategies. The existing improvements include income-producing short-term rental units currently generating approximately $1,500 per month per unit on 30-day stays, providing immediate cash flow while future development plans are executed. The primary building offers the opportunity to convert existing space into 4-5 additional large-format residential units, with projected market rents of approximately $2,000 per month. With zoning supporting a variety of residential and mixed-use configurations, the site offers the potential for up to six total residential units, making it well suited for developers, builders, and investors seeking an urban infill project in a high-growth location. The property's expansive interiors, high ceilings, and abundant natural light also create an ideal canvas for adaptive reuse concepts, including artist lofts, live/work residences, creative studios, boutique residential, or mixed-use development. Adding to its long-term appeal, a planned Advanced Rapid Transit (ART) station nearby will provide direct connectivity to Downtown, major employment centers, and the broader San Antonio transit network, further enhancing accessibility and future demand. Whether repositioning the existing improvements, expanding the residential density, or creating a distinctive live/work community, 2323 Buena Vista offers a compelling combination of existing income, development flexibility, and strategic location in one of San Antonio's emerging investment corridors.
Location
State TX
County Bexar
Area 0700
Zoning MF-25 IDZ
Interior
Heating 3+ Units
Cooling 3+ Window/Wall
Flooring Wood, Unstained Concrete
Exterior
Exterior Feature Brick
Roof Type Other
Building
Foundation Slab
Schools
Elementary Schools Call District
Middle Schools Call District
High Schools Call District
School District San Angelo Isd
Others
Acceptable Financing Conventional, VA, Cash
Listing Terms Conventional, VA, Cash
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Listed by Timothy Warlow • Keller Williams Boerne • (210) 818-9457
Learn More About LPT Realty