421 Maverick StSan Antonio, TX 78212

This exceptional multifamily investment opportunity in San Antonio, Texas, presents a compelling case for astute investors. The property, situated on two combined lots totaling approximately 25,178 square feet, comprises a diverse portfolio of buildings. This includes an eight-unit, two-story multifamily building, a two-story duplex, another one-story duplex, and a unique one-story A-frame dwelling. Constructed between 1906 and 1985, these buildings offer a blend of character and potential. Currently boasting a 92% occupancy rate with a remarkable 7% year-over-year rent increase, the property demonstrates strong cash flow and tenant stability. The minimal anticipated capital expenditures further enhance its attractiveness. Its prime location next to San Antonio College in the Tobin Hill neighborhood provides excellent connectivity to downtown San Antonio and the proposed baseball stadium, promising future appreciation. The property's multifamily zoning allows for various redevelopment possibilities, making it an ideal asset for long-term growth and value creation. The combined parcel numbers are 103425 & 103424, and the address is 421 Maverick St. & 410 W. Evergreen St., San Antonio, TX 78212. This is a net lease investment opportunity. Further financial details are available upon request.