For Sale
$1,098,000

918 Dawson St San Antonio, TX 78202

Historic District, High-Yield Investment

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a portfolio of three San Antonio multifamily properties totaling 5,700 square feet on a 0.332-acre lot. The portfolio comprises three buildings, including one fully renovated historic home and two new constructions, offering a unique blend of character and modern amenities. The properties boast a combined nine bedrooms, seven full bathrooms, and two half-baths, along with seven parking spaces. Located in a highly desirable historic district, just five minutes from the Pearl District, the Samma Museum, and the burgeoning BESA District, this portfolio benefits from its proximity to luxury retail and upscale development. The properties are currently vacant, presenting an immediate opportunity for rental income generation. Built in 1949 and 2023, with renovations completed in 2023, this Class A property offers a strong net operating income (NOI) of $64,800 and a compelling 5.90% cap rate. The asking price is $1,098,000, translating to $192.63 per square foot. This is a rare chance to acquire a high-yield, multifamily investment in a prime San Antonio location with significant upside potential due to its proximity to planned luxury developments. The property is offered as a sole proprietorship and is sold as-is.

Highlights

  • 0.32-acre lot with adjacent buildable parcel.
  • 5,700 square foot building, 9 bedrooms, 7 full baths, 2 half baths.
  • 7 parking spaces.
  • Located near the new BESA district, anchored by Rolex, Gucci, Hermès, and Louis Vuitton.

Property Details for 918 Dawson St

Property type
Residential income homes
Square Feet
5,700 SF
Class
A
Year Renovated
1
Buildings
3
Stories
2
Lot Size (sq. ft)
14,462 SF
Units
3

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.426340682047
Longitude
-98.469294745331

FAQs

What type of property is this?
Residential income home - Historic District, High-Yield Investment
Where is the residential income home located?
The property is located at 918 Dawson St San Antonio, TX.
What is the asking price?
The asking price for this property is $1,098,000.
What are key features of this property?
This property features: 0.32-acre lot with adjacent buildable parcel.; 5,700 square foot building, 9 bedrooms, 7 full baths, 2 half baths.; 7 parking spaces.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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918 Dawson St
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