S Olive
Multifamily | 4 Units
Marketing description
Gorgeous garden-style apartments located in the heart of San Antonio, offering modern upgrades and thoughtful design. Each unit is equipped with washer/dryer hookups and a sleek Ikea kitchen. Climate control is effortless with energy-efficient mini-split systems installed in every bedroom and living area, ensuring optimal comfort while managing utility costs. Tenants will enjoy the convenience of on-demand hot water provided by tankless water heaters. Extensive updates were completed in 2018, including updated electrical and plumbing systems, as well as foundational improvements, new siding, and energy-efficient windows. Additional highlights include a new roof (approximately 3 years old), recently installed Mitsubishi mini-splits in one unit (approximately 1 year old), and a water softening system added in 2020. One unit also features a brand-new tankless water heater installed this year. Prime Location: Located just minutes away from some of San Antonio's most popular attractions, including the Alamodome, Hemisfair Park, the River Walk, and the historic Pearl District, this property offers unparalleled convenience and lifestyle appeal. The vibrant Southtown arts district and numerous dining and shopping options are also within easy reach.
Investment highlights
Exceptional Investment Opportunity
This centrally located property is a prime addition to any investor’s portfolio, offering outstanding potential for short-term rentals. Situated near major San Antonio attractions, it’s ideal for catering to tourists and visitors seeking convenience and modern amenities.
Value-Add Potential
Enhance returns by adjusting below-market rents and implementing a Ratio Utility Billing System (RUBS) to reduce expenses and increase NOI. This property presents a clear path to maximize rental income while offering long-term growth potential.
Prime Asset in a Thriving Market
Well-maintained and strategically located, this property benefits from strong demand in one of San Antonio’s most vibrant areas. Don’t miss the opportunity to invest in a high-performing asset with exceptional potential.
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