Maverick & Evergreen Multifamily Portfolio
Multifamily | 13 Units | $146,153/unit
Marketing description
The Malouff International Group is pleased to present the exclusive listing for a 13-unit multifamily portfolio located in the highly desirable Tobin Hill neighborhood of central San Antonio, Texas. This package includes 410 W Evergreen Street (a 3-unit multifamily property) and 415-425 Maverick Street (a 10-unit multifamily property), offered exclusively as a combined portfolio at a total list price of $1,899,990.
Positioned just north of the San Antonio Central Business District, this 13-unit portfolio represents a rare opportunity to acquire stabilized, cash-flowing assets with significant long-term development upside in one of the city's most dynamic growth corridors. The properties are 100% occupied, generating $155,556 in annualized current rent, with a blended pro forma NOI of approximately $89,316 and a blended cap rate of 4.70% at the list price.
Duplex units (2BD/1BA) include washer/dryer connections, central HVAC, hardwood and vinyl flooring, updated kitchens with wood cabinetry, stone countertops, stainless steel gas ranges and refrigerators, and updated bathrooms with tile surround and stone vanities. 8-Plex units (1BD/1BA) feature window AC units, updated kitchens and bathrooms, and vinyl/ hardwood flooring. The property includes an on-site coin-operated laundry facility and off-street rear parking.
415-425 Maverick Street 10-Unit Multifamily · 8,632 SF · 0.4623 Acres · MF-33/UC-6 List Price: $1,300,000 · Cap Rate: 4.54%
410 W Evergreen Street 3-Unit Multifamily (Triplex) · Tobin Hill · 100% Occupied List Price: $599,990 · Cap Rate: 5.05%
Investment highlights
- Covered L And Play MF-33 / UC-6 zoned corner lots in the direct path of major economic development. investors enjoy current stabilized yield while holding prime redevelopment-ready sites for future high-density mixed-use or multifamily construction. mixed use renderings from a prior transaction are available for inclusion in buyer presentations.
- Stabilized Cash Flow 100% Occupancy Across ALL 13 UNITS GENERATING $155,556 IN Annualized Current Rent. Strong Historical Occupancy With Stable, Long-Term Tenants. The Portfolio Produces Immediate, Day-One Income With Minimal Lease-Up Risk, Providing A Reliable Income Bridge While The Market Appreciates.
- Capex Complete Current Ownership Invested Over $290,000 In Capital Improvements AT maverick ($24,239/unit) — exterior paint, roofing, foundation, electrical, and plumbing. a comprehensive $40,000 renovation of unit 410 at evergreen was completed february 2026. significantly reduced deferred maintenance risk.
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