2331 Cincinnati Ave

West End Flats presents a rare opportunity to acquire a fully occupied 16-unit apartment community secured by a single commercial NNN master lease, offering investors predictable cash flow with the long-term appreciation potential of multifamily ownership.

The property is located at 2331 Cincinnati Avenue, San Antonio, Texas, within the established Woodlawn Lake submarket just minutes from Downtown San Antonio, St. Mary's University, the South Texas Medical Center, and major employment centers.

The asset consists of 16 apartment units across two masonry buildings totaling approximately 14,112 square feet on 1.13 acres. The entire community is leased under a 36-month commercial NNN master lease to a single tenant, providing one contractual monthly payment and scheduled 5% annual rent escalations throughout the lease term.

Unlike a traditional apartment investment requiring management of multiple residential leases, West End Flats offers the operational simplicity of a single-tenant net lease while preserving all of the long-term benefits of owning a multifamily asset. Investors benefit from immediate contractual income, reduced management responsibilities, and a stabilized ownership structure.

The existing MF-33 zoning provides additional long-term flexibility. At lease expiration, ownership may continue the master lease, return the property to conventional apartment operations, reposition the asset to market rents, or pursue future redevelopment opportunities.

This offering is ideally suited for 1031 exchange buyers, family offices, private investors, multifamily operators, and passive investors seeking a stabilized income-producing asset with multiple long-term value creation strategies.

Pricing, financial information, lease abstract, and due diligence materials are available upon request.