Dawson Street Multifamily Investment
For Sale
$980,000
918 Dawson St, San Antonio, TX 78202
Three properties in historic district near Pearl and upcoming BESA district.
Property Size5,700 SF
Price / SF$171.93
Days on Market219
Property Features for 918 Dawson St
General Information
Standard status
Active
Size
5,700 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Dignowity Hill
Building Details
Year Built
2023
Listing Agency:
All City San Antonio Registered Series
Listed By:
Patrick Vallejo · License #663331
(210) 618-6924
Source:
Theswinneygroup
Added: Mar 26
Changed: Oct 26
Last Checked: Oct 7 at 2:25PM
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 All City San Antonio Registered Series
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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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,224
Cap Rate
5.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,164,480
$1.2M
Cap Rate 7%
$831,771
$831.8K
Cap Rate 9%
$646,933
$646.9K
Market Conditions
NOI Build-Up for 5,700 SF
Gross rent
$112.9K $19.80/SF
− Vacancy
−$7.0K −$1.23/SF
EGI
$105.9K $18.57/SF
− OpEx
−$47.6K −$8.36/SF
NOI
$58.2K $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%
$1,164,480
Cap Rate 7%
$831,771
Cap Rate 9%
$646,933
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,002
Businesses Nearby
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Business Placement
Demographics for 78202, TX
11,422
Population
5,288
Households
2.2
Avg Household Size
34
Median Age
26%
College-Educated
77%
High-School Grad
2.3 sq mi
ZIP Area
4,966
Density / Sq Mi
$43,708
Median Household Income
$36,390
Median Earnings
$1,218
Median Rent
$223,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
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.
