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1100 N Frio St
San Antonio, TX 78207

City Gate Apartments · Multifamily Property For Sale · 64 Units

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Investment Highlights

Highly Profitable Covered Land Play Opportunity
Strong Submarket Fundamentals

Strategically Located within Downtown San Antonio Corridor

Executive Summary

Capstone is excited to present City Gate Apartments—a 64-unit apartment complex constructed in 1982, located just west of downtown San Antonio, TX. This property offers a unique chance for investors to capitalize on a covered land play, leveraging its strategic location and the growing demand for land in one of Texas's most dynamic cities. With its proximity to downtown San Antonio, major employers, and a range of amenities, this asset represents a compelling combination of current income generation and future redevelopment potential.

PROPERTY FACTS

Sale Type	Investment	Building Size	32,975 SF
No. Units	64	Average Occupancy	92%
Property Type	Multifamily	No. Stories	2
Property Subtype	Apartment	Year Built	1982
Apartment Style	Garden	Parking Ratio	5.31/1,000 SF
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	1.97 AC

Sale Type	Investment
No. Units	64
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Garden
Building Class	C
Lot Size	1.97 AC
Building Size	32,975 SF
Average Occupancy	92%
No. Stories	2
Year Built	1982
Parking Ratio	5.31/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Amenities

Heating

Kitchen

Tub/Shower

Site Amenities

Laundry Facilities

Laundry Service

Unit Mix Information

Description	No. Units	Avg. Rent/Mo	SF
1+1	64	-	488

PROPERTY TAXES

Parcel Number	00258-038-0310	Improvements Assessment	$6,781,697 CAD
Land Assessment	$328,953 CAD	Total Assessment	$7,110,650 CAD

PROPERTY TAXES

Parcel Number

00258-038-0310

Land Assessment

$328,953 CAD

Improvements Assessment

$6,781,697 CAD

Total Assessment

$7,110,650 CAD

Listing ID: 33246580
Date on Market: 2024-09-20
Last Updated:
Address: 1100 N Frio St, San Antonio, TX 78207

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