15
See all 15 photos
$2,250,000
Est. payment /mo
13,252 SqFt
New
2523 SCHUBERT DR San Antonio, TX 78210
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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
Listed by Uri Uriah • Uriah Real Estate Organization • (210) 315-8885
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