2523 SCHUBERT DR, San Antonio, TX 78210
2523 SCHUBERT DR, San Antonio, TX 78210
2523 SCHUBERT DR, San Antonio, TX 78210
2523 SCHUBERT DR, San Antonio, TX 78210
2523 SCHUBERT DR, San Antonio, TX 78210
2523 SCHUBERT DR, San Antonio, TX 78210
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Michael Lugo

Michael Lugo

+1(210) 289-6293
$ 2,250,000
Est. payment | /mo

13,252 SqFt

Save
$ 2,250,000
Est. payment | /mo
Save

13,252 SqFt

Key Details

Property Type Commercial

Sub Type Commercial Improved Prop

Listing Status Active

Purchase Type For Sale

Square Footage 13,252 sqft

Price per Sqft $169

MLS Listing ID 1996794

Construction Status Wood,Brick,Other

Year Built 2007

Annual Tax Amount $28,062

Lot Size 3.260 Acres

Property Sub-Type Commercial Improved Prop

Property Description

The Pasadena Heights Portfolio presents a rare opportunity to acquire a stabilized multifamily investment with significant development upside in one of San Antonio's growing urban infill submarkets. Spanning approximately 3.26 acres, the portfolio combines immediate cash flow from existing multifamily improvements with substantial future development potential, creating a compelling opportunity for investors, developers, and builders alike. The income-producing portion of the portfolio consists of 10 multifamily units totaling approximately 13,252 square feet of rentable living area. The improvements include an eight-unit townhome building featuring highly desirable four-bedroom, two-bathroom floor plans, along with a duplex offering three-bedroom, two-bathroom units. Well-maintained interiors, functional layouts, private parking, and outdoor space position the property competitively within the San Antonio rental market and support strong tenant demand. In addition to the stabilized multifamily assets, the offer includes two contiguous vacant parcels totaling approximately 100,119 square feet. Zoned R-6, these parcels provide investors with a unique opportunity to pursue future residential development, expand the existing rental community, or execute a phased value-add strategy designed to maximize long-term returns. Strategically located in the Pasadena Heights neighborhood, the portfolio benefits from excellent connectivity throughout the San Antonio metro area. Situated just over one mile from Interstate 10 and minutes from Downtown San Antonio, the property offers convenient access to major employment centers, retail destinations, educational institutions, and transportation corridors. The surrounding area continues to experience investment and redevelopment activity, supporting both rental demand and long-term appreciation. By combining stabilized In-place income with meaningful development potential, the Pasadena Heights Portfolio offers investors the opportunity to generate immediate cash flow while unlocking additional value through future expansion and development within a high-demand urban infill market.

Location

State TX

County Bexar

Area 1900

Zoning MF-33

Interior

Heating Central

Cooling Central

Exterior

Garage Spaces 30.0

Utilities Available Electricity, Gas, Water, Telephone, Sewer, Cable TV, Other

Roof Type Composition

Building

Story 2

Foundation Slab

Level or Stories 2

Construction Status Wood,Brick,Other

Schools

School District San Antonio I.S.D.

Others

Acceptable Financing Sale Only, Cash, Conventional, Other

Listing Terms Sale Only, Cash, Conventional, Other

LERA MLS - Local Expertise Regional Access / SABOR
Listed by Uri Uriah • Uriah Real Estate Organization • (210) 315-8885

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Michael Lugo

Michael Lugo

Agent | License ID: 657886

+1(210) 289-6293

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2523 SCHUBERT DR