18-Unit Multifamily in Downtown San Antonio, TX

Positioned in San Antonio’s highly desirable Museum District, this 18-unit multifamily property offers a unique combination of in-place cash flow, renovation upside, and rooftop downtown skyline views. Located along the well-traveled Fredericksburg corridor (20,000+ vehicles daily), the property is within walking distance to H-E-B, restaurants, coffee shops, and city transit—delivering an ideal location for working professionals and Medical Center commuters alike.Originally built in 1955 and meticulously maintained, the building spans roughly 9,456 SF on a prime corner lot. Five of the 18 units have been recently renovated (2025 scope), featuring upgraded flooring, modern lighting, refreshed kitchens and baths, and improved fixtures. The remaining units present a straightforward value-add opportunity to further increase rent potential. All units are individually metered for electricity, with 18 surface parking spaces and on-site laundry facilities (ownership retains income). The flat rooftop provides expansive downtown San Antonio views—offering potential for a branded rooftop deck or tenant amenity space. With strong in-place occupancy and a proven rent roll (approx. $14,825/mo.), investors can achieve solid returns today and meaningful upside through additional renovations, RUBS implementation, and common-area enhancements. This offering represents a rare opportunity to acquire a stabilized, value-add multifamily asset in one of San Antonio’s most sought-after submarkets—surrounded by culture, strong employment anchors, and sustained rental demand. Schedule a tour or request the full Offering Memorandum today.