Marcus & Millichap is pleased to present the exclusive listing of E Quincy Apartments, a unique value-add opportunity consisting of 20 units in San Antonio, Texas. The property is located just north of Downtown and walkable to The Pearl, which features 23 acres of dining, retail, office, and direct access to the San Antonio Riverwalk. Given the asset’s
proximity to the San Antonio CBD area and The Pearl, residents have access to over 100,000 employment opportunities within a one-mile radius.
The property is recognized by the City of San Antonio as a historically significant asset. While the buildings are older, they feature distinctive architectural character and historical value. In recognition of this, the City offers a range of financial incentives to owners who undertake qualified
rehabilitation efforts. These incentives may include property tax exemptions and grant funding opportunities. A new owner may be eligible to access these benefits by
submitting the appropriate applications through both the City of San Antonio and the Conservation Society of San Antonio.
The property offers significant value-add potential, as the majority of units remain in classic, unrenovated condition. A new owner has the opportunity to implement a unit enhancement program to capture rent premiums, while also potentially leveraging the incentives available for historic properties in San Antonio. Over the past two years, the current ownership has invested more than $250,000 in capital improvements, including foundation stabilization, plumbing upgrades, electrical work, and roof repairs—providing a solid foundation for future value-add initiatives.