Dawson Street Multifamily Investment
918 Dawson St San Antonio, TX 78202
918 Dawson St, San Antonio, TX, 78202
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For Sale
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Three properties in historic district near Pearl and upcoming BESA district.
Property Size5,700 SF
Price / SF$171.93
Days on Market851
Property Features for 918 Dawson St
General Information
- Standard status
- Active
- Size
- 5,700 SF
- Property subtype
- Multifamily
Listing agency
URBAN TEXAN REALTY GROUP
(210) 618-6924
Listed by
Patrick Vallejo · License #663331
Source
Crexi
Added: Mar 23, 2024 Updated: Jul 6 at 7:48AM Checked: Jul 20 at 2:11AM
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 URBAN TEXAN REALTY GROUP
Investment Insights
Based on property information with market context.
This unique opportunity includes three properties located at 922 Dawson St, 918 Dawson, and 9182 Dawson in San Antonio, TX 78202. Situated in one of the city's most well-known historic districts, the properties offer a mix of houses on the same lot. 918 Dawson is a fully renovated historic property, while 9182 Dawson and 922 Dawson are new construction. The properties total 9 bedrooms and 7 full baths, along with 2 half baths. The location is 5 minutes from the Pearl, Samma museum, and the new BESA DISTRICT (BROADWAY NORTH), an ultra-lux corridor with commitments from Louis Vuitton, Gucci, and Rolex. Dignowity benefits from its proximity to this district. The property is fully occupied. The property size is 5700 square feet.
Key Highlights
- Three properties included: 922 Dawson, 918 Dawson, and 9182 Dawson.
- Prime location, just 5 minutes from The Pearl, Samma Museum, and the new BESA District.
- Proximity to the new BESA District, future home to luxury brands like Louis Vuitton, Gucci, and Rolex.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $112.9k | $19.80 |
| − Vacancy | −$7.0k | −$1.23 |
| EGI | $105.9k | $18.57 |
| − OpEx | −$47.6k | −$8.36 |
| NOI | $58.2k | $10.21 |
5,700 SF · lease $19.80/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$831.8K
$727.8K – $970.4K
NOI $58,224 @ 7.0% cap · market cap 5.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.45M
$1.27M – $1.70M
NOI $101,778 @ 7.0% cap · market cap 10.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Multifamily properties
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FAQs
What type of property is this?
Multifamily property - Three properties in historic district near Pearl and upcoming BESA district.
Where is this multifamily property located?
The property is located at 918 Dawson St San Antonio, TX.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: Three properties included: 922 Dawson, 918 Dawson, and 9182 Dawson.; Prime location, just 5 minutes from The Pearl, Samma Museum, and the new BESA District.; Proximity to the new BESA District, future home to luxury brands like Louis Vuitton, Gucci, and Rolex.
