Property Description

Discover an exceptional multi-family asset located in the highly sought-after Mahncke Park subdivision. Perfectly positioned just minutes from downtown San Antonio, this property offers an unbeatable combination of historic charm and modern urban convenience, making it highly attractive to all age groups; All one bedroom floorplans are apprx 400-600sqft & ideal footprints for low-maintenance, high -occupancy urban living; Parking-10 highly coveted covered parking spaces; 20 outdoor spaces, on-site resident laundry facilities; Gated entry providing residents with peace of mind; Features two large storage areas with excellent potential to be converted into multiple individual storage units for an immediate secondary rental income stream; Residents will enjoy an incredibly walkable lifestyle, situated just blocks from San Antonios premier cultural and natural attractions; SA Botanical Garden, SA-Zoo, Witte Museum and The Pearl. This property represents a stellar value-add opportunity. With its unbeatable location in a high-demand rental market, there is clear potential to introduce cosmetic upgrades and implement higher monthly rents to maximize your capitalization rate (Cap Rate) and long-term cash flow. All Rental unit & building measurements are approximate.

Property Features

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