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218 Claremont Ave - 218 Claremont Ave. 4 Unit Apartment Building Offered at $718,615 CAD San Antonio, TX 78209



Investment Highlights
- Part of Mahncke Park Portfolio
- Owner financing option with low downpayment
- Upside rental potential
Executive Summary
Exceptional Investment Opportunity in Mahncke Park - 4-Plex with Strong Rental History Four-plex in the desirable Mahncke Park neighborhood offers outstanding upside potential for investors. Each of the four units features a functional 1-bedroom, 1-bath layout, appealing to a broad tenant base and supporting consistent occupancy. The property has a proven rental history, providing a solid foundation for immediate income with opportunities for future value enhancement. Each unit includes one dedicated space in a covered carport, adding convenience and tenant appeal.
Additionally, an on-site storage room presents the potential to be converted into a shared laundry facility, creating an opportunity to increase rental income and tenant satisfaction. This property is part of a larger Mahncke Park investment portfolio and may be purchased individually or as part of the portfolio, offering flexibility to suit your investment strategy. Ideal for investors seeking cash flow with value-add potential in a prime central location. Owner financing option available. This property is in a Portfolio but can be purchased individually.
Additionally, an on-site storage room presents the potential to be converted into a shared laundry facility, creating an opportunity to increase rental income and tenant satisfaction. This property is part of a larger Mahncke Park investment portfolio and may be purchased individually or as part of the portfolio, offering flexibility to suit your investment strategy. Ideal for investors seeking cash flow with value-add potential in a prime central location. Owner financing option available. This property is in a Portfolio but can be purchased individually.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$52,733
|
$18.62
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$52,733
|
$18.62
|
| Taxes |
$13,027
|
$4.60
|
| Operating Expenses |
$28,459
|
$10.05
|
| Total Expenses |
$41,485
|
$14.65
|
| Net Operating Income |
$11,247
|
$3.97
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $52,733 |
| Annual Per SF | $18.62 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $52,733 |
| Annual Per SF | $18.62 |
| Taxes (CAD) | |
|---|---|
| Annual | $13,027 |
| Annual Per SF | $4.60 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $28,459 |
| Annual Per SF | $10.05 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $41,485 |
| Annual Per SF | $14.65 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $11,247 |
| Annual Per SF | $3.97 |
Property Facts
| Price | $718,615 CAD | Building Size | 2,832 SF |
| Price Per Unit | $179,654 CAD | Average Occupancy | 75% |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 4 | Year Built | 1941 |
| Property Type | Multifamily | Parking Ratio | 1.41/1,000 SF |
| Lot Size | 0.18 AC |
| Price | $718,615 CAD |
| Price Per Unit | $179,654 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Lot Size | 0.18 AC |
| Building Size | 2,832 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1941 |
| Parking Ratio | 1.41/1,000 SF |
Amenities
- Smoke Detector
Unit Amenities
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Tub/Shower
- Walk-In Closets
- Family Room
- Window Coverings
1 1
Walk Score®
Very Walkable (71)
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218 Claremont Ave - 218 Claremont Ave.
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