12-Unit Historic Apartment
127 W Magnolia Ave, San Antonio, TX 78212
For Sale
$1,380,000
Historic multifamily property with original design details and long-term tenant occupancy.
Property Size11,258 SF
Price / SF$122.58
Days on Market93
Property Features for 127 W Magnolia Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Building Details
Year Built
Listing Agency:
GIC Properties
Listed By:
Robert Libby
(210) 821-1122
Source:
Kingdomtxrealty
Added: Aug 10
Changed: Oct 26
Last Checked: Oct 7 at 4:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GIC Properties
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Investment Insights
Based on property information with market context.
This 11,258-square-foot historic apartment building contains 12 residential units, each configured with two bedrooms and one bathroom. The property occupies a corner lot and retains original design elements and craftsmanship that reflect its architectural character. Long-term tenants and consistent occupancy are established features of the asset.
Located at 127 W Magnolia Ave in San Antonio, the property is within the Monte Vista Historic District. Its historic setting and existing apartment configuration provide a defined multifamily profile, with renovations and modern enhancements identified as potential future work.
Located at 127 W Magnolia Ave in San Antonio, the property is within the Monte Vista Historic District. Its historic setting and existing apartment configuration provide a defined multifamily profile, with renovations and modern enhancements identified as potential future work.
Key Highlights
- 12‑unit apartment building totaling 11,258 square feet
- Each apartment includes 2 bedrooms and 1 bath
- Corner‑lot property in San Antonio’s Monte Vista Historic District
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$114,998
Cap Rate
8.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,299,960
$2.3M
Cap Rate 7%
$1,642,829
$1.6M
Cap Rate 9%
$1,277,756
$1.3M
Market Conditions
NOI Build-Up for 11,258 SF
Gross rent
$222.9K $19.80/SF
− Vacancy
−$13.8K −$1.23/SF
EGI
$209.1K $18.57/SF
− OpEx
−$94.1K −$8.36/SF
NOI
$115.0K $10.21/SF
Area
San Antonio, TX
Vacancy
6.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,299,960
Cap Rate 7%
$1,642,829
Cap Rate 9%
$1,277,756
Alternative Uses
Best Use
Apartment 5plus
$1.64M
$1.44M – $1.92M
NOI $114,998 @ 7.0% cap · market cap 8.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.87M
$2.51M – $3.35M
NOI $201,021 @ 7.0% cap · market cap 14.57%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
1,307
Businesses Nearby
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Business Placement
Demographics for 78212, TX
26,738
Population
13,399
Households
2
Avg Household Size
39
Median Age
39%
College-Educated
85%
High-School Grad
6.9 sq mi
ZIP Area
3,875
Density / Sq Mi
$60,222
Median Household Income
$40,037
Median Earnings
$1,084
Median Rent
$299,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Apartment buildings in San Antonio, TX
Properties on Market for Apartment buildings in San Antonio
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Historic multifamily property with original design details and long-term tenant occupancy.
Where is this apartment building located?
The property is located at 127 W Magnolia Ave San Antonio, TX.
What is the asking price?
The asking price for this property is $1,380,000.
What are key features of this property?
This property features: 12‑unit apartment building totaling 11,258 square feet; Each apartment includes 2 bedrooms and 1 bath; Corner‑lot property in San Antonio’s Monte Vista Historic District
