Updated Beacon Hill
For Sale
$299,000
814 W Magnolia, San Antonio, TX 78212
Fully occupied multifamily property with foundation, plumbing, and aesthetic improvements.
Property Size1,525 SF
Days on Market49
Property Features for 814 W Magnolia
General Information
Standard status
Active
Size
1,525 SF
Property subtype
Multi Family Home
Zoning
R-6 CD NCD-5
Occupancy
100%
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$6,382
Building Details
Building Size
1,525 SF
Year Built
1920
Buildings
1
Units
3
Listing Agency:
San Antonio Portfolio Kw Re
(210) 219-5324
Listed By:
Elizabeth Braden
(210) 219-5324
Source:
Southtexasrealtyservices
Added: Jul 6
Changed: Aug 21
Last Checked: Aug 22 at 2:22PM
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 San Antonio Portfolio Kw Re
Investment Insights
Based on property information with market context.
This three-unit multifamily property was built in 1920 and is fully occupied. Recent work includes foundation improvements backed by a warranty, a new plumbing line from the city meter, replacement of water lines serving the home, and aesthetic updates. The property is designated R-6 CD NCD-5.
Located at 814 W Magnolia in San Antonio’s Beacon Hill area, the triplex sits outside downtown San Antonio. Showings are limited and scheduled in advance.
Located at 814 W Magnolia in San Antonio’s Beacon Hill area, the triplex sits outside downtown San Antonio. Showings are limited and scheduled in advance.
Key Highlights
- Three‑unit multifamily property built in 1920
- Fully occupied triplex
- Foundation improvements with warranty
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,553
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.87%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$351,060
$351.1K
Cap Rate 7%
$250,757
$250.8K
Cap Rate 9%
$195,033
$195.0K
Market Conditions
NOI Build-Up for 1,525 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$26.5K $17.40/SF
− Vacancy
−$1.5K −$0.96/SF
EGI
$25.1K $16.44/SF
− OpEx
−$7.5K −$4.93/SF
NOI
$17.6K $11.51/SF
Area
San Antonio, TX
Vacancy
5.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$351,060
Cap Rate 7%
$250,757
Cap Rate 9%
$195,033
Alternative Uses
Best Use
Multifamily LT 5
$250.8K
$219.4K – $292.6K
NOI $17,553 @ 7.0% cap · market cap 5.87%
Second Best
Apartment 5plus
$222.5K
$194.7K – $259.6K
NOI $15,578 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$389.0K
$340.4K – $453.8K
NOI $27,230 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,077
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Fully occupied multifamily property with foundation, plumbing, and aesthetic improvements.
Where is this triplex located?
The property is located at 814 W Magnolia San Antonio, TX.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Three‑unit multifamily property built in 1920; Fully occupied triplex; Foundation improvements with warranty
