San Antonio Multifamily Investment

429 Wharton Street

Southtown-area multifamily property with 4 residential units plus a vacant office/model space near Downtown San Antonio and the Mission Reach.

$450,000List Price
5Rentable Spaces
3,689 SFBuilding Size
1922Year Built
C-2Zoning
Property Overview

Existing income with additional lease-up potential.

429 Wharton Street is a small-scale multifamily property in San Antonio's Southtown area, near Downtown and the San Antonio River. The offering materials describe approximately 3,689 SF on about 0.19 acre.

The property includes 4 residential units plus a separate 1,216 SF office/model space. Prospective buyers should independently verify zoning, rentable-space status, lease terms, condition and all financial information.

Investment Highlights

• 4 residential units + 1 office/model space

• All 4 residential units shown occupied on the offering rent roll

• 1,216 SF office/model space shown vacant

• C-2 General Commercial zoning reported in offering materials

• Near Downtown, Mission Reach, Roosevelt Avenue, retail and dining

Property Gallery

429 Wharton Street

Rent Snapshot

Current income and stated market rents

Based on the rent roll contained in the offering memorandum. This is not an NOI, cap-rate calculation, T12 or stabilized projection.

Current Residential Rent$3,675/mo
Residential Market Rent$4,020/mo
Office/Model Actual Rent$0/mo
Office/Model Market Rent$1,500/mo
Total Current Rent$3,675/mo
Total Stated Market Rent$5,520/mo

Rent Roll

UnitTypeActualMarket
22/1$995$1,050
31/1$1,050$995
41/1$815$850
51/1$815$1,125
Office/Model1,216 SF$0$1,500
Presented By
Jesse Perez
Commercial & Residential REALTOR®
Real Broker, LLC
Co-Listing Team
Mike Vasquez, CCIM
Associate Broker
Virtus Realty Group
Real Broker, LLC
Request Financials or Schedule a Tour

Jesse Perez

Commercial & Residential REALTOR®
Real Broker, LLC

210-954-6891
jesseperez.jr@icloud.com

Also Represented By
Mike Vasquez, CCIM
Associate Broker | Virtus Realty Group
O: (210) 255-1118  •  michael@virtusrealtytx.com
Brokered by Real Broker, LLC

Information is provided for marketing purposes only and is believed reliable but is not guaranteed. Price, unit mix, property details, condition, zoning, rents, lease terms, financials and availability are subject to change and independent verification. Prospective purchasers should perform their own due diligence.