Property Details

Observation

San Antonio, TX 78227

Property Description

Rare opportunity to acquire a fully renovated 9-unit portfolio-comprised of a duplex, triplex, and quadplex-located at 2523, 2527, and 2531 Observation Dr, just minutes from Lackland AFB, SeaWorld, and major employers. All three properties were taken down to the studs and fully rebuilt in 2023 with new foundations, roofs, PEX plumbing, electrical systems, windows, doors, drywall, and modern finishes. Six of nine units are currently occupied, offering immediate cash flow with upside through full lease-up and rent increases. The duplex at 2523 Observation is separately metered; the triplex and quadplex are master-metered. Zoned R-6 and located in a high-demand rental area, this low-maintenance portfolio is ideal for investors seeking strong returns and long-term appreciation.