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703 Logwood Ave
San Antonio, TX 78221
Century South Apartments · Multifamily Property For Sale · 24 Units

Investment Highlights

  • CASH FLOWING ASSET- CONSISTENTLY OCCUPIED 24-UNIT APARTMENT COMMUNITY.
  • VALUE ADD OPPORTUNITIES THROUGH STRATEGIC RENOVATIONS.
  • EXCEPTIONAL ACCESSIBILTY TO MANY OF SAN ANTONIO’S LARGEST EMPLOYMENT AND ECONOMIC DRIVERS.
  • OFFERS IMMEDIATE CASH FLOW AND LONG-TERM UPSIDE POTENTIAL.

Executive Summary

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.

Property Facts

Price Per Unit $87,500
Sale Type Investment
Cap Rate 5.18%
No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.47 AC
Building Size 13,250 SF
Average Occupancy 83%
No. Stories 2
Year Built 1976
Parking Ratio 2.26/1,000 SF
Zoning MF-33

Amenities

Unit Amenities

  • Air Conditioning
  • Disposal
  • Kitchen
  • Refrigerator
  • Range

Site Amenities

  • Laundry Facilities
  • Property Manager on Site

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 14 - 500
2+1 10 - 625

Property Taxes

Property Taxes

Parcel Number
09392-117-0230
Land Assessment
$118,960
Improvements Assessment
$581,040
Total Assessment
$700,000
  • Listing ID: 40836717

  • Date on Market: 6/8/2026

  • Last Updated:

  • Address: 703 Logwood Ave, San Antonio, TX 78221

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