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MULTI_FAMILY - San Antonio, TX
Located in the heart of Monte Vista, one of San Antonio's most desirable and architecturally significant historic neighborhoods, 124 W Mulberry Avenue presents a rare opportunity to acquire a recently improved four-unit multifamily property just minutes from Downtown San Antonio, The Pearl, Trinity University, San Antonio College, and major employment centers. Originally constructed in the 1920s, this classic building beautifully showcases its historic charm through refinished hardwood floors, high ceilings, vintage architectural details, and large windows that fill each unit with abundant natural light. Recent capital improvements have enhanced both the property's long-term stability and appeal, including new HVAC systems in all four units, extensive unit renovations, foundation leveling and structural enhancements, replacement of the exterior back staircase and landing, and new front s...
Located in the heart of Monte Vista, one of San Antonio's most desirable and architecturally significant historic neighborhoods, 124 W Mulberry Avenue presents a rare opportunity to acquire a recently improved four-unit multifamily property just minutes from Downtown San Antonio, The Pearl, Trinity University, San Antonio College, and major employment centers. Originally constructed in the 1920s, this classic building beautifully showcases its historic charm through refinished hardwood floors, high ceilings, vintage architectural details, and large windows that fill each unit with abundant natural light. Recent capital improvements have enhanced both the property's long-term stability and appeal, including new HVAC systems in all four units, extensive unit renovations, foundation leveling and structural enhancements, replacement of the exterior back staircase and landing, and new front sidewalks for improved curb appeal and safety. Tenants benefit from off-street parking and dual access, with onsite parking for 10+ vehicles. With four fully functional and occupied units, and its proximity to future developments such as the VIA Rapid Green Line, Project Marvel, and The BESA District- this property represents a compelling investment opportunity for buyers seeking consistent cash flow, increasing NOI, and long-term appreciation in one of San Antonio's premier locations. 124 W Mulberry perfectly balances historic character with modern investment performance-a true trophy asset in the heart of the city's most established neighborhood.
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