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Woodbury Place Apartments (81 units) 2834 Woodbury Dr

81 Unit Apartment Building $4,500,000 ($55,556/Unit) San Antonio, TX 78217

Investment Highlights

  • $55k per door (81 units)
  • Tremendous value-add potential
  • Desirable unit mix (58% of units are 2-bed)
  • Central location (close to museums, parks, retail, dining)

Executive Summary

KW Commercial is pleased to present Woodbury Place Apartments, an 81-unit multifamily asset located in the heart of San Antonio, Texas. This value-add investment opportunity provides substantial upside potential through both interior and exterior renovations, allowing new ownership to enhance property conditions, increase rental income, and maximize overall value. Originally built in 1974, with additional units added in 1977, the property offers a diverse range of floor plans, from 1-bedroom/1-bath
flats to 2-bedroom/2-bath townhomes. Notably, approximately 58% of the units are 2-bedroom layouts, catering to a wide spectrum of tenant demographics.

Attachments

OM_Woodbury

Data Room Click Here to Access

Property Facts

Price $4,500,000
Price Per Unit $55,556
Sale Type Investment
Sale Conditions
1031 Exchange
  • Deferred Maintenance
No. Units 81
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 2.98 AC
Building Size 100,000 SF
Average Occupancy 80%
No. Stories 2
Year Built/Renovated 1974/1977
Parking Ratio 1.41/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher

Site Amenities

  • Courtyard
  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 24 $730.00 660
1+1.5 10 $850.00 780
2+1.5 31 $950.00 990
2+2 16 $975.00 1,044

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12101-000-0102
Land Assessment
$252,770
Improvements Assessment
$4,472,380
Total Assessment
$4,725,150

zoning

Zoning Code MF-33 (Maximum density of 33 units per acre (per city of San Antonio))
MF-33 (Maximum density of 33 units per acre (per city of San Antonio))
  • Listing ID: 34394408

  • Date on Market: 1/7/2025

  • Last Updated:

  • Address: 2834 Woodbury Dr, San Antonio, TX 78217

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