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27841357
27841330

127 W Magnolia Ave, San Antonio, TX 78212 For Sale

RL
TX TX 0400620
GIC Properties
Listed by GIC Properties
$1,380,000
268 days on market
Updated 94 days ago

Magnolia Arms Apartments

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 11,258
Units 12
Price per SqFt $123
Buildings 1
Zoning MF-33

Multifamily | 12 Units | $115,000/unit

Marketing description

A remarkable opportunity to acquire a stately multifamily property prominently situated on a corner lot in the Monte Vista Historic District-one of the city's most beloved neighborhoods. Offered for the first time in more than five decades, this fine, historic apartment building offers enduring charm and architectural significance. Each of the 12 apartments features 2 bedrooms and 1 bath, offering comfortable living and strong rental appeal. Intact original design details and craftsmanship reflect the neighborhood's rich legacy. Long-term tenants and consistent occupancy offer immediate stability with the opportunity to unlock upside through tasteful renovations and modern enhancements. With its rich heritage and enduring presence in the neighborhood, this property offers a rare chance to carry forward a legacy-while unlocking its full potential for the future. Please do not approach or engage with current residents. Please note that listing broker is a Co-Trustee and co-beneficiary of the trust that owns property.

Listing Contacts

RL
TX TX 0400620
GIC Properties
Listed by GIC Properties

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Additional Information

Name
Robert Libby
License
TX 0400620
Brokerage
GIC Properties
Brokerage Phone
210-821-1122
Title
Real Estate Broker
Brokerage Address
5108 Broadway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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