Property Evaluation

San Antonio, TX 78227 2706 Observation

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Presented By: Dominique Jimenez with Real Broker, LLC; (210) 800-5525
  • MLS# 1872518
  • 06/04/2025
  • Request Tour
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  • SQFT • 13,295

Home Details

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.
Presented By: Dominique Jimenez with Real Broker, LLC; (210) 800-5525

General for 2706 Observation

Area0700
Available w/ LeaseNo
Building/Center Name2706 OBSERVATION
Ceiling Height10
ClassCommercial Improved Prop
ConstructionWood
Legal DescriptionNcb 15513 Blk 3 Lot 4 & 5 At 324 Observation
Monthly Lease
Number of Buildings5
Number of Units18
Proposed TermsSale Only, Cash, Conventional
RestrictionsNone
RoofComposition
School DistrictNorthside
StatusActive
Stories Count1
Taxes$23,976
TypeApartments
UtilitiesElectricity, Gas, Water
Year Built1945
ZoningR-6

Exterior for 2706 Observation

# of Drive-In Doors
Flood PlanNone
Lot Size1.091
RAIL SERVICENo
Total Parking18

Additional Details

Price History

Traci Frasier

Broker Associate | Director of Luxury and Residential Sales
Price $1,950,000
MLS#1872518
List Date 06/04/2025
Property Type Commercial
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Hill Country Dream Team is independently owned and operated and fully supports the principles of the Fair Housing Act and is an Equal Opportunity Employer. All listing information is from sources deemed reliable. However, no representation is made as to the accuracy or completeness thereof and should be independently verified.
Hill Country Dream Team is independently owned and operated and fully supports the principles of the Fair Housing Act and is an Equal Opportunity Employer. All listing information is from sources deemed reliable. However, no representation is made as to the accuracy or completeness thereof and should be independently verified.
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