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Maverick & Evergreen MF Portfolio 2 Multifamily Properties Offered at $1,899,990 in San Antonio, TX
Investment Highlights
- MF-33 / UC-6 zoned corner lots in the direct path of major economic development.
- Mixed-use renderings from a prior transaction are available for inclusion in buyer presentations.
- The portfolio produces immediate, day-one income with minimal lease-up risk, providing a reliable income bridge while the market appreciates.
- Investors enjoy current stabilized yield while holding prime redevelopment-ready sites for future high-density mixed-use or multifamily construction.
- 100% occupancy across all 13 units generating $155,556 in annualized current rent. Strong historical occupancy with stable, long-term tenants.
- Current ownership invested over $290,000 in capital improvements at Maverick. A comprehensive $40,000 renovation of Unit 410 at Evergreen.
Executive Summary
The Malouff International Group is pleased to present the exclusive listing for a 13-unit multifamily portfolio located in the highly desirable Tobin Hill neighborhood of central San Antonio, Texas.? This package includes 410 W Evergreen Street (a 3- unit multifamily property) and 415-425 Maverick Street (a 10-unit multifamily property), offered exclusively as a combined portfolio at a total list price of $1,899,990.?
Positioned just north of the San Antonio Central Business District, this 13-unit portfolio represents a rare opportunity to acquire stabilized, cash-flowing assets with significant long-term development upside in one of the city's most dynamic growth corridors.? The properties are 100% occupied, generating $155,556 in annualized current rent, with a blended pro forma NOI of approximately $89,316 and a blended cap rate of 4.70% at the list price.?
Duplex units (2BD/1BA) include washer/dryer connections, central HVAC, hardwood and vinyl flooring, updated kitchens with wood cabinetry, stone countertops, stainless steel gas ranges and refrigerators, and updated bathrooms with tile surround and stone vanities.? 8-Plex units (1BD/1BA) feature window AC units, updated kitchens and bathrooms, and vinyl/ hardwood flooring.? The property includes an on-site coin-operated laundry facility and off-street rear parking
415-425 Maverick Street 10-Unit Multifamily · 8,632 SF · 0.4623 Acres · MF-33/UC-6 List Price: $1,300,000 · Cap Rate: 4.54%
410 W Evergreen Street 3-Unit Multifamily (Triplex) · Tobin Hill · 100% Occupied List Price: $599,990 · Cap Rate: 5.05%
Positioned just north of the San Antonio Central Business District, this 13-unit portfolio represents a rare opportunity to acquire stabilized, cash-flowing assets with significant long-term development upside in one of the city's most dynamic growth corridors.? The properties are 100% occupied, generating $155,556 in annualized current rent, with a blended pro forma NOI of approximately $89,316 and a blended cap rate of 4.70% at the list price.?
Duplex units (2BD/1BA) include washer/dryer connections, central HVAC, hardwood and vinyl flooring, updated kitchens with wood cabinetry, stone countertops, stainless steel gas ranges and refrigerators, and updated bathrooms with tile surround and stone vanities.? 8-Plex units (1BD/1BA) feature window AC units, updated kitchens and bathrooms, and vinyl/ hardwood flooring.? The property includes an on-site coin-operated laundry facility and off-street rear parking
415-425 Maverick Street 10-Unit Multifamily · 8,632 SF · 0.4623 Acres · MF-33/UC-6 List Price: $1,300,000 · Cap Rate: 4.54%
410 W Evergreen Street 3-Unit Multifamily (Triplex) · Tobin Hill · 100% Occupied List Price: $599,990 · Cap Rate: 5.05%
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $1,899,990 | Number of Properties | 2 |
| Price / SF | $176.97 / SF | Individually For Sale | 0 |
| Cap Rate | 4.70% | Total Building Size | 10,736 SF |
| Sale Type | Investment | Total Land Area | 0.59 AC |
| Status | Active |
| Price | $1,899,990 |
| Price / SF | $176.97 / SF |
| Cap Rate | 4.70% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 10,736 SF |
| Total Land Area | 0.59 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 415-425 W Maverick St, San Antonio, TX 78212 | Multifamily | 8,632 SF | 1940 | - |
| 410 W Evergreen St, San Antonio, TX 78212 | Multifamily | 2,104 SF | 1990 | - |
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