127 W Magnolia Ave - Apartments FOR SALE


San Antonio, TX 78212- Monte Vista
$1,695,000 USD
210-821-1122
127 W Magnolia Ave, San Antonio, TX for Sale
$1,695,000 USD
Apartments - FOR SALE
1/31
null | Request Cap Rate

127 W Magnolia Ave
San Antonio, TX 78212
Monte Vista


OVERVIEW

A remarkable opportunity to acquire a stately multifamily property prominently situated on a corner lot in the Monte Vista Historic District-one of the city's most beloved neighborhoods. Offered for the first time in more than five decades, this fine, historic apartment building offers enduring charm and architectural significance. Each of the 12 apartments features 2 bedrooms and 1 bath, offering comfortable living and strong rental appeal. Intact original design details and craftsmanship reflect the neighborhood's rich legacy. Long-term tenants and consistent occupancy offer immediate stability with the opportunity to unlock upside through tasteful renovations and modern enhancements. With its rich heritage and enduring presence in the neighborhood, this property offers a rare chance to carry forward a legacy-while unlocking its full potential for the future. Please do not approach or engage with current residents. Please note that listing broker is a Co-Trustee and co-beneficiary of the trust that owns property.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$151 USD /SF

# OF UNITS

12

PRICE/UNIT

$141,250

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Magnolia Arms Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

MF-33

APN/PARCEL ID

01770-007-0100

ASK ABOUT THIS PROPERTY

Robert LibbyGIC PropertiesMore Info
210-821-1122

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Robert LibbyGIC PropertiesMore Info
210-821-1122

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.