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Main Plaza Apartments 126 E Main Plz 50 Unit Apartment Building $10,963,280 CAD ($219,266 CAD/Unit) San Antonio, TX 78205
Investment Highlights
- Value add in excellent location on the Riverwalk front with beautiful views of Downtown
- Terrace overlooking the river on the third and fifth floor.
- 13,280 sf Retail space 100% occupied plus cell tower income
- Zoned DH (Downtown District Historic District and Landmarks) HS (Historic Significant) RIO-3 (River Improvement Overlay).
- 48 units plus 2 penthouses with a variety of floor plans.
- 11,000 sf Basement available for lease or owner occupant. Current finish out for general office.
Executive Summary
Overlooking the Riverwalk in the historic Main Plaza in downtown San Antonio, Texas, the Morris Hotel & Apartments sits
across the street from the Bexar County Courthouse, San Fernando Cathedral and a few steps from the Spanish Governor
Plaza. Built in the early 1900s with fireproof construction consisting of unreinforced masonry, brick curtain walls, concrete
floors, metal lath and plaster walls, the building was converted into apartments in the 1950s to include a total of 50
residential units, 11000 sf of commercial space on the ground level and about 7000 sf of fully finished out basement.
Right in the epicenter of San Antonio's Downtown, building is about 1/2 a mile of The Alamo, Convention Center,
Hemisfair park, and marvel Project to the East, about 1/2 to the UTSA Downtown to the West and equal distance to the
Mission Ball Park to the North and the historic King William neighborhood to the South.
The basement is currently finish out for general office and is available for owner occupant or new tenant.
"Priced well below tax assessment value"
across the street from the Bexar County Courthouse, San Fernando Cathedral and a few steps from the Spanish Governor
Plaza. Built in the early 1900s with fireproof construction consisting of unreinforced masonry, brick curtain walls, concrete
floors, metal lath and plaster walls, the building was converted into apartments in the 1950s to include a total of 50
residential units, 11000 sf of commercial space on the ground level and about 7000 sf of fully finished out basement.
Right in the epicenter of San Antonio's Downtown, building is about 1/2 a mile of The Alamo, Convention Center,
Hemisfair park, and marvel Project to the East, about 1/2 to the UTSA Downtown to the West and equal distance to the
Mission Ball Park to the North and the historic King William neighborhood to the South.
The basement is currently finish out for general office and is available for owner occupant or new tenant.
"Priced well below tax assessment value"
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
- Wi-Fi
- Basement
- Office
Site Amenities
- 24 Hour Access
- On-Site Retail
- Storage Space
- Conference Rooms
1 1
Very walkable
80/100
Exceptionally drivable
90/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 00118-001-0010 | Improvements Assessment | $240,233 CAD |
| Land Assessment | $12,167,797 CAD | Total Assessment | $12,408,030 CAD |
Property Taxes
Parcel Number
00118-001-0010
Land Assessment
$12,167,797 CAD
Improvements Assessment
$240,233 CAD
Total Assessment
$12,408,030 CAD
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Main Plaza Apartments | 126 E Main Plz
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