1100 Frio St San Antonio, TX 78207

This exceptional 64-unit apartment building, City Gate Apartments, presents a compelling investment opportunity in San Antonio, Texas. Built in 1982, this two-story complex boasts a current occupancy rate of 96.88%, generating strong current income. Situated at 1100 N Frio St, San Antonio, TX 78207, in Bexar County, the property benefits from a prime location just west of the vibrant downtown area. Its strategic position within the San Antonio MSA offers significant potential for future growth and redevelopment, making it an attractive covered land play. The property's proximity to major employers and a variety of amenities further enhances its appeal. This multifamily asset offers investors a unique blend of immediate cash flow and long-term appreciation potential, capitalizing on the robust submarket fundamentals and the increasing demand for land in this dynamic Texas city. The property's 1982 vintage provides a solid foundation for future improvements and repositioning strategies. This is a rare opportunity to acquire a well-performing asset with significant upside in a thriving urban market. Detailed offering materials are available upon request.