2031 Fredericksburg Road
- 18-unit multifamily in the Museum District of San Antonio
- Rooftop downtown views and strong traffic exposure (20K+ VPD)
- Five fully renovated units (2025 scope) with updated interiors
- Remaining units primed for light value-add repositioning
- In-place rent roll ≈ $14,825/month (see OM for details)
- 18 surface parking spaces (1:1 ratio)
- On-site laundry income + potential RUBS implementation
- Individually metered for electricity
- Walking distance to H-E-B, transit lines, restaurants, museums, and I-10 access
- Proximity to San Antonio College, the Pearl District, and Medical Center
- Strong local tenant base and low historical vacancy
Property Description
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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,600,000 |
| No. of Units: | 18 |
| Year Built: | 1955 |
| Lot Size: | 0.26 Acres |
| Opportunity Zone: | No |
| Price per unit: | $88,889 |
| Property Website | Click Here |
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