For Sale
$295,000

2148 Cincinnati AveSan Antonio, TX 78228

High-yield retail & multifamily property

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional mixed-use property at 2148 Cincinnati Ave, San Antonio, TX 78228, presents a compelling investment opportunity. The 2,480 square foot property sits on a substantial 3.707-acre lot and features two buildings, each two stories high, built in 1960. The property is zoned for commercial use and includes five units: three retail spaces currently leased and two cozy one-bedroom, one-bathroom apartments. The asking price is $295,000, representing a compelling $118.95 per square foot and an 8.00% cap rate. Current monthly income is $2,530, with potential for increased revenue through leasing additional storage space. The property enjoys a prime location in a high-visibility commercial area with convenient access to major highways and public transportation, placing it near numerous restaurants, shopping centers, and entertainment venues. This is an ideal opportunity for investors seeking a blend of retail and multifamily income streams in a thriving San Antonio market. The property's APN is 413626. All information is deemed reliable but not guaranteed.

Highlights

  • Excellent multifamily and retail investment opportunity.
  • Potential for a 1% monthly return on investment.

Property Details for 2148 Cincinnati Ave

Property type
Lifestyle centers, Power centers
Square Feet
2,480 SF
Year Built
1960
Buildings
2
Stories
2
Lot Size (sq. ft)
161,476,920 SF
Units
5

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.45144539
Longitude
-98.54636161
2148 Cincinnati Ave, San Antonio, Texas

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2148 Cincinnati Ave
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