918 Dawson StSan Antonio, TX 78202

Property Details for 918 Dawson St

Lot size

0.33 AC

Property size (Sq ft)

5,700 SF

Property type

Residential income homes

Description

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.

Location Insight

City

San Antonio

County

Bexar

State

Texas

Latitude

29.4263

Longitude

-98.4693

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