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1004 Allena Dr
San Antonio, TX 78213
Allena Park Apartments · Multifamily Property For Sale · 24 Units

Investment Highlights

  • Across the street from OLMOS ELEMENTARY
  • Bus stop in corner of building

Executive Summary

Allena Apartments is a 24-unit multifamily property located at 1004 Allena Drive in San Antonio's 78213 zip code — an established, supply-constrained inner-loop submarket adjacent to the South Texas Medical Center corridor and approximately 4 miles from Downtown San Antonio.
Xaguas LLC has owned and self-managed the asset, completing a selective renovation program on multiple units. The asset is offered with a clear value-add thesis: $95,000 invested in targeted interior renovations to unlock pro-forma rents and stabilize occupancy to 100%, generating pro-forma NOI of approximately $230,000.

Property Facts

Price Per Unit $104,167
Sale Type Investment
Cap Rate 5.57%
Gross Rent Multiplier 10.42
No. Units 24
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class B
Lot Size 0.91 AC
Building Size 21,430 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1950/2009
Parking Ratio 1.59/1,000 SF
Zoning B2 - Business District

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Tub/Shower
  • Carpet
  • Vinyl Flooring
  • Window Coverings

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Walk-Up

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 - 780
2+1 9 - 895
2+2 7 - 925

Property Taxes

Property Taxes

Parcel Number
11793-037-0120
Land Assessment
$241,400
Improvements Assessment
$1,958,600
Total Assessment
$1,488,888
  • Listing ID: 40708475

  • Date on Market: 5/29/2026

  • Last Updated:

  • Address: 1004 Allena Dr, San Antonio, TX 78213

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