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Fully renovated 8-unit apartment building in San Antonio's Lackland AFB corridor, one of the city's strongest workforce housing submarkets. All units are 2 bed / 1 bath. As of the Oct 16, 2026 rent roll, 7 of 8 units are leased at $850 to $1,000 per month, with one unit vacant and ready to lease. Market rents are about $1,200, giving real upside as leases renew. The 2023-2024 renovation was comprehensive: roof, HVAC, windows, plumbing, electrical, LVP flooring, kitchens, bathrooms, appliances, cabinetry, drywall, paint inside and out, doors, hardware and lighting. Separate electric meters. Zero deferred maintenance.

Property Details of 2807 Observation

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Listed by Scott Malouff of Keller Williams Heritage

Based on information submitted to LERA MLS as of November 11, 2026 9:32 AM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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