MLS# 1971942 - 703 Logwood Ave, San Antonio, TX 78221
Courtesy of Uriah Real Estate Organization, Uri Uriah (830) 600-5263
Status: New
Property Type: Apartments
Year Built: 1976
Days On Website: 4
Property Details for 703 Logwood Ave, San Antonio, TX 78221
Description
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.
Open House
Features
Listing
- Listing date: 2026-06-02 05:00:00
- 4 days on market
- 4 cumulative days on market
- $144 per square foot
Location
- County: Bexar
- Area: 2100
Building
- Apartment is 14,534 square feet
- Built in 1976
- Approximate age: 50
- Building/center name: CENTURY SOUTH APARTMENTS
- Brick
- Other
- 14,534 square feet
- 2 stories
- 1 building
Foundation
- Slab
Roof
- Composition
- Other
Interior Features
- Ceiling height: 10
Cooling
- Central
Heating
- Central
Lot
- Lot size: 0.466
Property
- Zoning: MF-33
Schools
- School district: Harlandale I.S.D
Miscellaneous
- Gross income: 172380.00
- Net operating income: $108,837
- Monthly lease: $0
- Insurance: 12384.00
- None
- None
- No
- Other
- Maintenance: 3600.00
- 24 rentals
- 30 parking spaces
- 24 units
- Other tax: 2062.00
Taxes
- Total tax: $17,799
- Annual tax: $17,799
- City tax: $3,791
- County tax: $2,100
- $9,846 school tax
- Property Tax ID: 093921170230
Utilities
- Gas and electric: 2760.00
- Waste removal: 5400.00
- Electricity
- Gas
- Water
- Sewer
- Other
Property Map
Map View
$2,100,000 - 703 Logwood Ave, San Antonio, TX 78221
Street View
Directions
703 Logwood Ave
San Antonio, TX 78221
County: Bexar