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2706 Observation

San Antonio, TX 78227
  • $1,950,000
  • STATUS: Active
  • MLS #: 1872518
UPDATED: 83 min ago
$1,950,000
  • 0
    BEDS
  • 1.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,295
    SQFT
  • $147
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1945
County:
Area:

School Ratings & Info

School District:

Description

This fully vacant, turnkey 17-unit property with a dedicated laundry facility has just completed a full down-to-the-studs renovation in 2025. Upgrades include a brand-new foundation, roof, plumbing, electrical, and drywall-offering investors a modern, low-maintenance asset ready for immediate lease-up. Located minutes from Lackland Air Force Base and SeaWorld, the property sits in a high-demand rental corridor with strong tenant drivers. With no deferred maintenance and all major systems replaced, this is an ideal buy-and-hold or value-add opportunity with significant cash flow and appreciation potential.

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© 2025 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sapphire Properties Team | Keller Williams Real Estate. Last updated 2025-07-12T23:33:13.637.
www.sapphirepropertiesteam.com/homes/164536326
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2706 Observation San Antonio, TX 78227

  • Price: $1,950,000
  • Status: Active
  • On Site: Days
  • Updated: 83 min ago
  • MLS #: 1872518
0
Beds
0
Baths
0
½ Baths
1.09
Acres
13,295
SQFT
$147
$/SQFT
1945
Built
Neighborhood:
San Antonio
County:
Bexar
Area:
San Antonio
School District:
Northside
Property Description
This fully vacant, turnkey 17-unit property with a dedicated laundry facility has just completed a full down-to-the-studs renovation in 2025. Upgrades include a brand-new foundation, roof, plumbing, electrical, and drywall-offering investors a modern, low-maintenance asset ready for immediate lease-up. Located minutes from Lackland Air Force Base and SeaWorld, the property sits in a high-demand rental corridor with strong tenant drivers. With no deferred maintenance and all major systems replaced, this is an ideal buy-and-hold or value-add opportunity with significant cash flow and appreciation potential.
Exterior Features

Construction Wood Drive In Doors 0 Loading Facilities None Rail Service No Roof Composition Total Parking 18

Interior Features

Ceiling Height 10

Property Features

Approx Age 80 Available With Lease No Building Center Name 2706 OBSERVATION City Tax 5669.63 Commercial Type Apartments County Tax 2892.77 Flood Plain None Lease Only No Monthly Lease 0 Other Tax 4893.99 Proposed Terms Sale OnlyCashConventional Rentals 17 Restrictions None Sale Includes BuildingsLandFixtures School Tax 10519.8 Total Tax 23976.19 Utilities ElectricityGasWater Zoning R-6

Listing information © Copyright 2025 San Antonio Board of REALTORS®, All Rights Reserved.
Listing provided courtesy of Dominique Jimenez of Real Broker, LLC: dominique.sarealtor@gmail.com, (210) 800-5525.


© 2025 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sapphire Properties Team | Keller Williams Real Estate. Last updated 2025-07-12T23:33:13.637.
 
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