3050 Eisenhauer Rd 24 Unit Apartment Building $4,790,000 ($199,583/Unit) 6.50% Cap Rate San Antonio, TX 78209

3050 Eisenhauer is a rare opportunity to acquire a stabilized, income-producing asset in the highly sought-after Alamo Heights submarket. Currently operating as a JCO-licensed residential treatment center, the property is secured by a master lease generating $300,000 in net operating income and a 6 percent cap rate. Spanning 18,171 square feet and zoned MF-33, the asset offers investors both reliable cash flow and long-term optionality for continued healthcare operations or future redevelopment.
Constructed with rammed earth and compressed earth block, the property is designed for durability, energy efficiency, and reduced operating expenses. The courtyard layout maximizes density and functionality, while the high thermal mass construction enhances privacy and sound insulation for residents. Interior features such as walk-in closets, washer and dryer connections, and efficient unit layouts further strengthen tenant appeal and operational performance. Attractive seller financing option available: $2.1M down at 8% interest.

With its prime location in Alamo Heights, sustainable design, and proven tenant operations, 3050 Eisenhauer delivers a compelling combination of immediate financial performance and long-term growth potential. This offering stands at the intersection of strong market fundamentals, stability, and strategic redevelopment opportunity, making it a valuable addition to any investment portfolio.