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$1,700,000
Est. payment /mo
19,688 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Improved Prop
Listing Status Active
Purchase Type For Sale
Square Footage 19,688 sqft
Price per Sqft $86
MLS Listing ID 1940464
Construction Status Wood,Brick,Other
Year Built 1970
Annual Tax Amount $15,218
Lot Size 2.130 Acres
Property Sub-Type Commercial Improved Prop
Property Description
309 Calgary Avenue is a stabilized 12-unit townhome community situated on approximately 2.1 acres, just minutes from Port San Antonio, one of the region's largest employment and economic drivers. The property consists of three apartment buildings totaling 19,688 square feet of rentable living area and features a townhome-style configuration designed to support long-term tenancy. The community offers a diverse unit mix comprised exclusively of 3-, 4-, and 5-bedroom layouts, a highly desirable format that continues to command strong rental demand from a broad and diverse tenant base. The asset has demonstrated consistent occupancy, supported by durable demand drivers including proximity to Port San Antonio, which hosts more than 80 public and private-sector tenants such as Boeing, StandardAero, and GXO Logistics, as well as nearby Lackland Air Force Base. Residents benefit from covered parking and an on-site playground, enhancing tenant satisfaction and retention. The low-density site configuration provides ample open space, differentiating the property within the submarket and contributing to operational stability. Located less than two miles south of Highway 90, 309 Calgary Avenue offers efficient access to downtown San Antonio and the broader metropolitan area while remaining within a stable residential neighborhood. The property represents a compelling investment opportunity for buyers seeking immediate cash flow, long-term appreciation, and tax-efficient income, supported by strong operating fundamentals and a supply-constrained location.
Location
State TX
County Bexar
Area 3100
Zoning C-3
Interior
Heating Central
Cooling Central
Exterior
Garage Spaces 21.0
Utilities Available Electricity, Gas, Water, Telephone, Sewer, Cable TV
Roof Type Composition
Building
Story 2
Level or Stories 2
Construction Status Wood,Brick,Other
Schools
School District Edgewood I.S.D
Others
Acceptable Financing Sale Only, Cash, Conventional, Other
Listing Terms Sale Only, Cash, Conventional, Other
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Listed by Uri Uriah • Uriah Real Estate Organization • (210) 315-8885
Nearby Locations
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