3221 N Flores

Alta Vista Value-Add Multifamily | 6 Units | Over 4,000 SF Exceptional value-add multifamily opportunity in the desirable Alta Vista neighborhood. The property is not currently operating at market efficiency. There are no long-term leases in place.

Three of the six units are occupied on a month-to-month basis at below-market rents, offering immediate rent-growth potential. One unit is occupied by a family member at no rent, and another unit is a 2-bedroom / 1-bath currently under construction, providing a clear path to additional value upon completion by the new owner. Notable features include a central courtyard, on-site parking lot, and a in-ground swimming pool.

Located along N Flores, the asset benefits from proximity to downtown San Antonio, The Pearl, and major employment centers, making it well-positioned for long-term demand. This is a true investor asset ideal for rent optimization, light-to-moderate renovation, completion of existing improvements, and professional management. Strong fundamentals, flexible occupancy, and multiple value-creation strategies make this an increasingly rare opportunity in Alta Vista.