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31745623
31745605

144 N Cherry St, #101,#102,#103,#104, San Antonio, TX 78202

GR
TX 0452625
The Ortiz Firm
Listed by The Ortiz Firm
$1,725,000
47 days on market
Updated 47 days ago

LUXURY TOWNHOMES

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 6,688
Units 4
Occupancy 50%
Price per SqFt $258
Class B
Year Built 2022
Buildings 4
Stories 3
Acreage 3963.960
Zoning IDZ
Parking Spaces 2 per unit
Investment Type Owner/User
Occupancy Date 04/30/2026
Sale Condition 1031 exchange

4-Unit Downtown Portfolio | Income In Place, Cash Flow, and Expansion Potential

Marketing description

Positioned in a fast-growing pocket of Downtown San Antonio, this four-unit townhome portfolio gives you a rare chance to secure contiguous modern residences with built-in flexibility and immediate upside. Two units currently operate as short-term rentals, while two remain newly completed and never occupied, allowing you to establish your preferred income strategy from day one, including short-term, mid-term, long-term, or corporate leasing. Each townhome features a thoughtfully designed three-bedroom, three-and-a-half-bath layout with an attached two-car garage and open living spaces that support today’s lifestyle. You’ll find quartz countertops, stainless steel appliances, custom cabinetry, and durable wood-look tile flooring throughout, along with first-floor flex spaces paired with full baths that expand each unit’s usability. The side-by-side configuration supports efficient management and streamlined operations, a combination that’s increasingly difficult to find in urban infill locations. With income already in place and additional units ready for lease-up, you can quickly adjust the asset to meet current market demand and optimize returns. Located near major employers, dining, entertainment, and cultural destinations, the property continues to benefit from ongoing development and infrastructure improvements that support long-term growth. Structured for a 1031 exchange, this portfolio gives you a clear path into a well-located asset with multiple income strategies and strong future potential.

Investment highlights

Investment Highlights

This rare four-townhome portfolio in Downtown San Antonio delivers a compelling blend of immediate income, operational flexibility, and long-term growth potential in one cohesive asset. Two units are currently operating as successful short-term rentals, providing stabilized cash flow from day one, while the remaining two are newly built and never occupied, offering a clear path to additional revenue through mid-term, long-term, or corporate leasing strategies.

Each residence features a modern 3-bedroom, 3.5-bath layout with a two-car garage and high-quality finishes throughout, including quartz countertops, stainless steel appliances, wood-look tile flooring, and custom cabinetry designed for durability and tenant appeal. Flexible first-floor layouts with full baths enhance usability, allowing for conversion into additional sleeping space or work-from-home configurations that increase rental versatility.

Positioned in a rapidly evolving downtown corridor, the asset benefits from strong walkability to major employment centers, entertainment districts, the River Walk, and ongoing nearby development that continues to drive demand and value appreciation. The side-by-side configuration creates operational efficiency for management while supporting multiple rental strategies within a single footprint.

This offering stands out as a scalable residential investment with built-in income, upside through lease-up of underutilized units, and long-term appreciation potential in one of San Antonio’s most active urban growth markets.

Listing Contacts

GR
TX 0452625
The Ortiz Firm
Listed by The Ortiz Firm

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Additional Information

Name
Guy Rubio
License
0452625
Brokerage Phone
2102643639
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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