215 Eleanor Ave - Apartments FOR SALE


San Antonio, TX 78209- Mahncke Park
$595,000 USD
210-313-2904
215 Eleanor Ave, San Antonio, TX for Sale
$595,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

215 Eleanor Ave
San Antonio, TX 78209
Mahncke Park


HIGHLIGHTS

  • Single-story fourplex in Mahncke Park with four updated residential units, offering an excellent opportunity for investors or owner-occupants.
  • Projected gross annual income of $56,820 based on current occupancy and lease-up of two vacant units, offering immediate income potential.
  • Updated units with luxury vinyl plank flooring, granite countertops, updated kitchens, and renovated bathrooms with modern tile finishes.
  • Each unit features a private fenced backyard, covered patio, and separate central HVAC system.
  • Units 2 & 3 feature stainless steel appliances; Units 1 & 4 include white appliances.
  • Secure gated parking with 10 spaces (6 covered, 4 uncovered). Each unit includes a private fenced yard and covered patio.

OVERVIEW

Exceptional opportunity to own a beautifully updated single-story fourplex in the heart of Mahncke Park, one of San Antonio's most desirable and centrally located historic neighborhoods. Perfect for investors or owner-occupants, 215 Eleanor offers an ideal combination of location, updates, and income potential. All four residences feature luxury vinyl plank flooring, granite countertops, updated appliances, and beautifully renovated bathrooms with modern tile finishes. Units 2 and 3 include stainless appliances, while Units 1 and 4 feature white appliances. Each unit enjoys a private fenced backyard with a covered patio, and the secure gated parking area offers a total of six covered parking spaces and four additional uncovered spaces. Based on current occupancy and projected lease-up of the two vacant units, the property offers a projected gross annual income of $56,820. The property is served by four central HVAC systems, providing separate comfort for each residence. Ideally located just off the Broadway Corridor, the property is approximately 2.5 miles from The Pearl, 4 miles from Downtown San Antonio and the River Walk, 1 mile from Fort Sam Houston, 2 miles from Highway 281, 5 miles from Loop 410, 1.1 miles from the San Antonio Botanical Garden, and 17 miles from The Shops at La Cantera. Enjoy easy access to Bakery Lorraine, Pullman Market, Merit Coffee, Local Coffee Founders, Brasserie Mon Chou Chou, Best Quality Daughter, Brackenridge Park, the San Antonio Zoo, The Witte Museum, and The DoSeum. With updated interiors, private outdoor living spaces, strong projected income, four central HVAC systems, gated parking, and an exceptional central location near major employers, dining, shopping, and entertainment, 215 Eleanor is a rare turnkey investment opportunity in one of San Antonio's most sought-after neighborhoods. Motivated seller!

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$213 USD /SF

# OF UNITS

4

PRICE/UNIT

$148,750

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

-

APN/PARCEL ID

03861-007-0120

ASK ABOUT THIS PROPERTY

Caroline DecherdPhyllis Browning CompanyMore Info
210-313-2904

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Caroline DecherdPhyllis Browning CompanyMore Info
210-313-2904

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