For Sale
$699,000

255 Natalen AveSan Antonio, TX 78209

San Antonio Multifamily Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
117
This charming four-unit apartment building, located at 255 Natalen Ave in San Antonio, Texas, presents a compelling investment opportunity. Built in 1936, the property boasts a total of 3,854 square feet situated on a 7,013 square foot lot. The asking price is $699,000, translating to a price per square foot of $194.60. The building comprises four distinct units: one three-bedroom, two-bathroom apartment; one two-bedroom, two-bathroom apartment; one one-bedroom apartment; and one studio apartment. All units are currently occupied, providing immediate cash flow. Each unit benefits from attractive interior features, including hardwood flooring and updated bathrooms. Ample off-street parking is available, with six spaces provided for tenants. The property's prime location in the desirable Mahncke Park neighborhood offers easy access to a variety of attractions, including Downtown San Antonio, the Pearl District, the Botanical Gardens, the San Antonio Zoo, Trinity University, and the University of the Incarnate Word (UIW). This makes it an ideal location for attracting and retaining tenants. The combination of its desirable location, updated interiors, and strong occupancy rate makes this a highly attractive investment prospect in the thriving San Antonio market. The property's size and unit mix offer a balanced approach to rental income generation.

Highlights

  • $699,000 asking price for this multifamily property.
  • 3,854 square feet building on a 7,013 square foot lot.
  • Four-unit apartment building with six parking spaces.
  • Located in San Antonio, TX, in the desirable Mahncke Park neighborhood, near Downtown, the Pearl District, and other key attractions.
  • Features hardwood floors and updated bathrooms.
  • Currently fully occupied with a mix of unit sizes: one 3/2, one 2/2, one 1-bedroom, and one studio.

Property Details for 255 Natalen Ave

Property type
Apartment buildings
Square Feet
3,854 SF
Year Built
1936
Units
4

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.4559877
Longitude
-98.466636
255 Natalen Ave, San Antonio, Texas

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255 Natalen Ave
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