219 W Magnolia Ave - Apartments FOR SALE


San Antonio, TX 78212- Monte Vista
$2,465,000 USD
210-821-1122
219 W Magnolia Ave, San Antonio, TX for Sale
$2,465,000 USD
Apartments - FOR SALE
1/41
null | Request Cap Rate

219 W Magnolia Ave
San Antonio, TX 78212
Monte Vista


OVERVIEW

Rare opportunity to own an iconic multifamily property in the coveted Monte Vista Historic District. For the first time in over half a century, this distinguished apartment building is available for purchase - a truly rare offering in one of the city's most sought-after historic districts. Steeped in character and architectural charm, this property has long stood as a cornerstone of the neighborhood, admired for its timeless facade and enduring presence. With a strong rental history and loyal tenants, this 16-unit property offers immediate income stability and a solid opportunity to realize significant upside through strategic renovations and modern upgrades. Properties of this caliber and legacy rarely come to market. Don't miss this moment to make it yours. Please do not approach or engage with current residents. Listing broker is a Co-Trustee and co-beneficiary of the trust that owns this property.

FOR SALE DETAILS

PRICE

$2,465,000 USD

PRICE/SF

$139 USD /SF

# OF UNITS

16

PRICE/UNIT

$154,063

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Magnolia Terrace Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1945

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

MF-33

APN/PARCEL ID

02953-002-0170

ASK ABOUT THIS PROPERTY

Robert LibbyGIC PropertiesMore Info
210-821-1122

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

Robert LibbyGIC PropertiesMore Info
210-821-1122

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