Mary Louise Apartments

Highlights:

• Strong in-place income with upside through moderate rent growth
• Desirable urban location across from H-E-B and Starbucks, with excellent walkability and transit access
• Separate on-site washateria for added income or modernization opportunity
• Low maintenance vintage construction with steady occupancy and tenant demand
• Attractive 6.7% current cap rate, with pro forma potential exceeding 8%

Description:

Introducing 2031 Fredericksburg Road, a prime investment opportunity in San Antonio, TX. This well-positioned office building boasts strong in-place income, offering potential for moderate rent growth and a desirable urban location. Situated across from H-E-B and Starbucks, it provides excellent walkability and transit access. The property features a separate on-site washateria, presenting added income potential or the opportunity for modernization. With low maintenance vintage construction, steady occupancy, and tenant demand, this asset offers an attractive 6.7% current cap rate, with pro forma potential exceeding 8%. Don't miss out on this lucrative investment in San Antonio.

Situated in the vibrant city of San Antonio, the area surrounding the property offers an enviable urban lifestyle. With a host of nearby amenities, including popular retailers such as H-E-B and Starbucks, investors can capitalize on the area's strong appeal and desirability. Surrounding the location are diverse dining options, entertainment venues, and cultural attractions, providing an enriching experience for tenants and employees. This prime location boasts excellent walkability, transit access, and a dynamic atmosphere, making it an attractive choice for businesses seeking to establish a presence in this thriving metropolitan area. Invest in the heart of San Antonio for a strategic and appealing commercial opportunity.

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