$699,999

101 Stanley Ct, San Antonio, TX 78214

  • 4,286 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.35acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $163/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

This is a rare opportunity to acquire three multifamily buildings on three separate parcels in one package, offering immediate cash flow with significant upside. Situated on 0.345 acres and totaling 4,286 SF, the property is zoned MF-33, providing valuable flexibility in a market where multifamily opportunities are increasingly difficult to find. The portfolio has undergone substantial improvements, with two buildings recently rehabilitated and the third approximately 70% complete, allowing a new owner to finish the project and realize the remaining value-add potential. Currently, three units are leased with two additional units ready for occupancy, providing an immediate opportunity to increase cash flow through lease-up. The property's pro forma gross annual income is approximately $64,200 with estimated operating expenses of $22,610 (including property taxes, insurance, maintenance, and utilities currently paid by ownership), resulting in a projected Net Operating Income of approximately $41,590. At the asking price, the property offers an attractive 5.55% cap rate, with additional upside available through operational improvements. An additional approximately 850 SF of unfinished space presents the opportunity to create income-producing space, further enhancing returns. There may also be future opportunities to reduce operating expenses by separately metering utilities or implementing utility reimbursement programs, increasing NOI over time. Whether you're looking to expand your multifamily portfolio or complete a partially finished redevelopment project with strong income potential, 101, 103 & 107 Stanley Ct offers an attractive combination of existing cash flow, redevelopment upside, and long-term investment potential.

Listing Status:
Active
Date Added:
August 3, 2026
Data Last Updated:
October 13, 2026 at 8:52PM
Listing Office:
W.C. Miller Properties : (830) 387-6013
Listing Agent:
Christopher Parreira : (830) 708-5700
MLS ID:
2005498
  • Flooring: Ceramic TileVinyl
  • A/C: 3+ Window/Wall
  • Heating: 3+ UnitsElectric
  • General: SidingDouble Pane Windows
  • Style: One StoryTwo Story
  • General: SlabCedar Post
  • School District: CALL DISTRICT
  • County: Bexar
  • Zoning: MF-33NCB 7909 BLK 1 LOT S29FTOFS50OFE25FTOF3&W8OFN29OFS50OF4079090010031
  • Utilities: CPSCPS
  • Water: City
  • Sewer: SAWS

This listing courtesy of Christopher Parreira , W.C. Miller Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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